Cac 40 may rise to 7660.00 - 7707.00

Pivot

7555.00

Our preference

Long positions above 7555.00 with targets at 7660.00 & 7707.00 in extension.

Alternative scenario

Below 7555.00 look for further downside with 7515.00 & 7460.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

7746.00

7707.00

7660.00

7627.13 Last

7555.00

7515.00

7460.00

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