Cac 40 may fall to 7566.00 - 7624.00

Pivot

7746.00

Our preference

Short positions below 7746.00 with targets at 7624.00 & 7566.00 in extension.

Alternative scenario

Above 7746.00 look for further upside with 7785.00 & 7810.00 as targets.

Comment

As long as 7746.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

7810.00

7785.00

7746.00

7627.45 Last

7624.00

7566.00

7535.00

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