CAC 40 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If CAC 40 continues in its current trajectory, we could see it reach 6753.3155 within the next 7 hours.
Because CAC 40 formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
