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CAC 40 is approaching a support line of a Channel Up. It has touched this line numerous times in the last 11 days.

Emerging Channel Up detected on CAC 40 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 7482.4 and it is expected to move to 7443.5952.

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