CAC to stall at previous support?

OANDA:FR40EUR   France 40
FRA40 - 24h expiry - We look to Sell at 7200 (stop at 7300)

Previous support located at 7050.
Previous resistance located at 7150.
Price action has stalled at good resistance levels and currently trades just below here (7150).
Risk/Reward would be poor to call a sell from current levels.
A move through 7050 will confirm the bearish momentum.

Our profit targets will be 6950 and 6900

Resistance: 7150 / 7200 / 7300
Support: 7050 / 7000 / 6950

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