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If CAC 40 touches 7223.5000 it may be time to take action.

CAC 40 is heading towards 7223.5000 and could reach this point within the next 2 days. 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.

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