Cac 40 may rise to 7730.00 - 7780.00

Pivot

7545.00

Our preference

Long positions above 7545.00 with targets at 7730.00 & 7780.00 in extension.

Alternative scenario

Below 7545.00 look for further downside with 7507.00 & 7460.00 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

7875.00

7780.00

7730.00

7668.00 Last

7545.00

7507.00

7460.00

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