Cac 40 may rise to 7688.00 - 7725.00

Pivot

7460.00

Our preference

Long positions above 7460.00 with targets at 7688.00 & 7725.00 in extension.

Alternative scenario

Below 7460.00 look for further downside with 7395.00 & 7360.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

7800.00

7725.00

7688.00

7597.95 Last

7460.00

7395.00

7360.00

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