CAC40: To continue the rally?

The CAC40 is moving forth after a long period of consolidation, breaking out 4783.38, which will send it towards 4936.87, with 4850.17 as a primary objective. The benchmark will have 4783.38 as a support level.

Any draw downs will send it to 4753.89, with 4783.38 as a primary objective.

The daily Pivot Point is around 4763.09. The daily support levels are around 4709.19 and 4616.2. The daily resistance levels are around 4856.08 and 4909.98.
CACCAC 40 CFDDaily Charts

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