CAC to find resistance at psychological level?FRA40 - Intraday - We look to Sell at 7000 (stop at 7100)
Previous support located at 6800.
Previous resistance located at 7000.
There is no indication that the selloff is coming to an end.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 6750 and 6700
Resistance: 7000 / 7050 / 7100
Support: 6800 / 6750 / 6700
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