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CAC 40 heading towards a price it has tested 5 times in the recent past.

CAC 40 is moving towards a line of 7242.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If CAC 40 continues in its current trajectory, we may see it move towards 7242.5000 within the next 2 days.

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