Cac 40 may rise to 7600.00 - 7630.00

Pivot

7545.00

Our preference

Long positions above 7545.00 with targets at 7600.00 & 7630.00 in extension.

Alternative scenario

Below 7545.00 look for further downside with 7505.00 & 7476.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

7679.00

7630.00

7600.00

7577.89 Last

7545.00

7505.00

7476.00

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