Cac 40 may rise to 7705.00 - 7755.00

Pivot

7609.00

Our preference

Long positions above 7609.00 with targets at 7705.00 & 7755.00 in extension.

Alternative scenario

Below 7609.00 look for further downside with 7560.00 & 7480.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

7810.00

7755.00

7705.00

7671.34 Last

7609.00

7560.00

7480.00

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