Cac 40 may rise to 7370.00 - 7430.00

Pivot

7170.00

Our preference

Long positions above 7170.00 with targets at 7370.00 & 7430.00 in extension.

Alternative scenario

Below 7170.00 look for further downside with 7072.00 & 7040.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

7473.00

7430.00

7370.00

7270.00 Last

7170.00

7072.00

7040.00

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