Cac 40 may rise to 7615.00 - 7670.00

Pivot

7522.00

Our preference

Long positions above 7522.00 with targets at 7615.00 & 7670.00 in extension.

Alternative scenario

Below 7522.00 look for further downside with 7444.00 & 7392.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances

7693.00

7670.00

7615.00

7568.00 Last

7522.00

7444.00

7392.00

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