The movement of CAC 40 towards the support line of a Head and Shoulders is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
A Head and Shoulders has formed, CAC 40 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
