Cac 40 may rise to 7660.00 - 7720.00

Pivot

7560.00

Our preference

Long positions above 7560.00 with targets at 7660.00 & 7720.00 in extension.

Alternative scenario

Below 7560.00 look for further downside with 7515.00 & 7470.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

7735.00

7720.00

7660.00

7640.95 Last

7560.00

7515.00

7470.00

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