Cac 40 may fall to 7460.00 - 7515.00

Pivot

7627.00

Our preference

Short positions below 7627.00 with targets at 7515.00 & 7460.00 in extension.

Alternative scenario

Above 7627.00 look for further upside with 7682.00 & 7725.00 as targets.

Comment

As long as the resistance at 7627.00 is not surpassed, the risk of the break below 7515.00 remains high.

Supports and resistances

7725.00

7682.00

7627.00

7530.72 Last

7515.00

7460.00

7445.00

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