DAXEUR

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DAXEUR

In the index where pullbacks are limited, a clear positive trend is observed. While a continuation of the ECB's interest rate cut policy is expected, supportive statements are continuing from the European Central Bank. The interest rate decision to be announced this week in the US may bring profit-taking to the index. It is deemed appropriate to evaluate long positions based on support levels until the FOMC meeting on the evening of May 7.

Support :

23120.72 22835.14 22620.98

Resistance :

23905.94 23691.78 23549.04