Cac 40 may rise to 7655.00 - 7709.00

Pivot

7531.00

Our preference

Long positions above 7531.00 with targets at 7655.00 & 7709.00 in extension.

Alternative scenario

Below 7531.00 look for further downside with 7485.00 & 7460.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

7740.00

7709.00

7655.00

7625.23 Last

7531.00

7485.00

7460.00

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