Cac 40 Intraday: the bias remains bullish.

FRA40

Trading Central 2021-01-14 15:09:05

Pivot: 5644.00

Our preference: long positions above 5644.00 with targets at 5690.00 & 5707.00 in extension.

Alternative scenario: below 5644.00 look for further downside with 5629.00 & 5590.00 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

5722.00 **

5707.00 **

5690.00 **

5662.67 Last

5644.00 ***

5629.00 **

5590.00 **

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