Cac 40 may rise to 7724.00 - 7769.00

Pivot

7619.00

Our preference

Long positions above 7619.00 with targets at 7724.00 & 7769.00 in extension.

Alternative scenario

Below 7619.00 look for further downside with 7566.00 & 7538.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

7800.00

7769.00

7724.00

7695.78 Last

7619.00

7566.00

7538.00

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