CAC 40 is heading towards 8151.1001 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
CAC 40 seems to be on its way to resistance – a possible opportunity?
