Cac 40 Intraday: intraday support around 5700.00.

FRA40

Trading Central 2021-02-22 17:22:06

Pivot: 5700.00

Our preference: long positions above 5700.00 with targets at 5770.00 & 5790.00 in extension.

Alternative scenario: below 5700.00 look for further downside with 5663.00 & 5628.00 as targets.

Comment: a support base at 5700.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

5830.00 **

5790.00 **

5770.00 ***

5738.22 Last

5700.00 ***

5663.00 ***

5628.00 ***

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