- CAC40 rising inside intermediate impulse wave (3)
- Likely to reach resistance level 7965.00
The CAC40 index continues to rise within the intermediate impulse wave (3), which began earlier from the support level of 7565.00 (the lower border of the sideways price range within which the index has been moving since May).
The active impulse wave (3) is a part of the longer-term upward impulse wave 3 from the end of June.
CAC40 index can be expected to rise to the next resistance level 7965.00, which is the upper border of the active price range.
- Likely to reach resistance level 7965.00
The CAC40 index continues to rise within the intermediate impulse wave (3), which began earlier from the support level of 7565.00 (the lower border of the sideways price range within which the index has been moving since May).
The active impulse wave (3) is a part of the longer-term upward impulse wave 3 from the end of June.
CAC40 index can be expected to rise to the next resistance level 7965.00, which is the upper border of the active price range.
By the FxPro Analyst Team
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Penafian
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.