Cac 40 may fall to 7560.00 - 7590.00

Pivot

7655.00

Our preference

Short positions below 7655.00 with targets at 7590.00 & 7560.00 in extension.

Alternative scenario

Above 7655.00 look for further upside with 7710.00 & 7740.00 as targets.

Comment

The index currently faces a challenging resistance area at 7655.00.

Supports and resistances

7740.00

7710.00

7655.00

7622.02 Last

7590.00

7560.00

7460.00

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