Cac 40 may rise to 7630.00 - 7669.00

Pivot

7560.00

Our preference

Long positions above 7560.00 with targets at 7630.00 & 7669.00 in extension.

Alternative scenario

Below 7560.00 look for further downside with 7534.00 & 7505.00 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances

7722.00

7669.00

7630.00

7613.11 Last

7560.00

7534.00

7505.00

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