Cac 40 may rise to 7250.00 - 7345.00

Pivot

7030.00

Our preference

Long positions above 7030.00 with targets at 7250.00 & 7345.00 in extension.

Alternative scenario

Below 7030.00 look for further downside with 6845.00 & 6795.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

7470.00

7345.00

7250.00

7130.00 Last

7030.00

6845.00

6795.00

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