Cac 40 may rise to 7670.00 - 7710.00

Pivot

7510.00

Our preference

Long positions above 7510.00 with targets at 7670.00 & 7710.00 in extension.

Alternative scenario

Below 7510.00 look for further downside with 7465.00 & 7420.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

7760.00

7710.00

7670.00

7613.05 Last

7510.00

7465.00

7420.00

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