Cac 40 may rise to 7547.00 - 7598.00

Pivot

7340.00

Our preference

Long positions above 7340.00 with targets at 7547.00 & 7598.00 in extension.

Alternative scenario

Below 7340.00 look for further downside with 7235.00 & 7135.00 as targets.

Comment

The next resistances are at 7547.00 and then at 7598.00.

Supports and resistances

7661.00

7598.00

7547.00

7475.00 Last

7340.00

7235.00

7135.00

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