Cac 40 may fall to 7085.00 - 7153.00

Pivot

7300.00

Our preference

Short positions below 7300.00 with targets at 7153.00 & 7085.00 in extension.

Alternative scenario

Above 7300.00 look for further upside with 7370.00 & 7445.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

7445.00

7370.00

7300.00

7202.00 Last

7153.00

7085.00

7050.00

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