DAX40 might show a recovery



15 365 support plays a significant role in terms of recovery movements. Positive messages from the members of the European Central Bank (ECB) about Eurozone economy and the future of asset purchases support DAX40 index in international markets where investor risk appetite is high. As a result, German index recovered the losses of the last 2 weeks and may target 15 630 and 15 755 as long as it stays above 15 365. On the other side, falls below 15 365 may deepen to 15 230 support.