Cac 40 may rise to 7600.00 - 7642.00

Pivot

7514.00

Our preference

Long positions above 7514.00 with targets at 7600.00 & 7642.00 in extension.

Alternative scenario

Below 7514.00 look for further downside with 7481.00 & 7460.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

7690.00

7642.00

7600.00

7573.55 Last

7514.00

7481.00

7460.00

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