While the Kremlin’s statements negatively affected the expectations regarding the peace talks, it also led to a withdrawal in the DAX40index. However, the pullback has been capped above 14185 support so far. During the day, developments regarding the Ukrainian agenda can be followed.
In the upcoming period, as long as the prices remain above the 14185 support, the upside outlook may be in the foreground. 14464 and 14611 levels can be targeted in possible rises.
As long as the 14185 support remains current in possible decreases, a new uptrend potential may occur. Therefore, it may be necessary to see the course below 14185 and hourly closings for the continuation of the downward trend. In this case, 14060 and 13936 levels may come to the fore.
In summary; In the upcoming period, as long as the prices remain above the 14185 support, the upside outlook may be in the foreground.
High Level of the Day: 14185