Cac 40 may rise to 7630.00 - 7680.00

Pivot

7545.00

Our preference

Long positions above 7545.00 with targets at 7630.00 & 7680.00 in extension.

Alternative scenario

Below 7545.00 look for further downside with 7505.00 & 7476.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

7700.00

7680.00

7630.00

7602.06 Last

7545.00

7505.00

7476.00

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