DAXEUR

The Germany DAX index is expected to follow a sensitive trajectory to changes in global risk appetite ahead of the CPI data to be announced on Friday. In this context, the 24227.37–24552.31 range can be closely monitored for intraday direction seeking. A slight gain above 24552.31 for the index could create an upward potential towards the 24878.46 resistance. A weakening below the 24227.37 support could trigger a correction move towards the 23776.27 level.