Cac 40 may rise to 7630.00 - 7670.00

Pivot

7530.00

Our preference

Long positions above 7530.00 with targets at 7630.00 & 7670.00 in extension.

Alternative scenario

Below 7530.00 look for further downside with 7481.00 & 7440.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

7701.00

7670.00

7630.00

7570.20 Last

7530.00

7481.00

7440.00

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