DAXEUR

The DAX index is showing a positive outlook by holding above the pivot level of 24168.94. Continuing to stay above this level will be an important signal for the continuation of the uptrend and may enable the testing of resistance levels at 24408.29 and 24612.36. The German CPI data to be announced on Thursday could have an impact on the index's direction. While an inflation figure below expectations could increase buying appetite, in the case of potential selling pressure, the main support level of 24064.87 will be monitored.