DAX40:Index May Continue Its Fall To 3-Month Low



Strong selling pressure is observed in the DAX40 with the pricing of the European Central Bank's (ECB) expectations that it will increase interest rates by 125 basis points until October. The VSTOXX index, which exceeded 30 points in the session, confirms the downward pressure here. Technically, as long as 13 655 is maintained as resistance, the dissolution may continue until 13 175, which will be the 3-month low behind 13 345, adhering to the downward trend. In a possible crossing over 13 655, 13 830 resistance can be followed.