Cac 40 may rise to 7598.00 - 7660.00

Pivot

7465.00

Our preference

Long positions above 7465.00 with targets at 7598.00 & 7660.00 in extension.

Alternative scenario

Below 7465.00 look for further downside with 7426.00 & 7342.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7712.00

7660.00

7598.00

7518.00 Last

7465.00

7426.00

7342.00

Number of asterisks represents the strength of support and resistance levels.