Cac 40 may rise to 7485.00 - 7530.00

Pivot

7363.00

Our preference

Long positions above 7363.00 with targets at 7485.00 & 7530.00 in extension.

Alternative scenario

Below 7363.00 look for further downside with 7340.00 & 7278.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

7572.00

7530.00

7485.00

7435.07 Last

7363.00

7340.00

7278.00

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