Cac 40 may rise to 7659.00 - 7700.00

Pivot

7560.00

Our preference

Long positions above 7560.00 with targets at 7659.00 & 7700.00 in extension.

Alternative scenario

Below 7560.00 look for further downside with 7510.00 & 7460.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

7755.00

7700.00

7659.00

7628.57 Last

7560.00

7510.00

7460.00

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