Cac 40 may rise to 7644.00 - 7670.00

Pivot

7560.00

Our preference

Long positions above 7560.00 with targets at 7644.00 & 7670.00 in extension.

Alternative scenario

Below 7560.00 look for further downside with 7515.00 & 7460.00 as targets.

Comment

A support base at 7560.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances

7707.00

7670.00

7644.00

7609.15 Last

7560.00

7515.00

7460.00

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