CAC 40 WEEKLY TECHNICAL ANALYSIS BY CAPITAL STREET FX

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 CAC 40 Price Technical Analysis: Weekly Chart

cac 40 technical analysis
  • In the weekly charts ,  CAC 40 40 is trading in a downward channel.
  • CAC 40 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
  • CAC 40 will follow a downward trend in the coming weeks.
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