Cac 40 may fall to 7365.00 - 7400.00

Pivot

7525.00

Our preference

Short positions below 7525.00 with targets at 7400.00 & 7365.00 in extension.

Alternative scenario

Above 7525.00 look for further upside with 7575.00 & 7610.00 as targets.

Comment

The index currently faces a challenging resistance area at 7525.00.

Supports and resistances

7610.00

7575.00

7525.00

7465.25 Last

7400.00

7365.00

7342.00

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