CAC 40

CAC40: Blueprints 8.

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The CAC40 halted its fall after Last Friday's NFP report. The French benchmark flirted with 4673.98 level, before bouncing back and closing in a neutral doji. A breakout of 4740.47 will send the CAC40 back towards 4783.38.

Any bearish movement, resulting from yesterday's election in France, would send the benchmark seeking 4673.98, again, which breaking out will send it seeking lower lows.

The daily Pivot Point 4708.75. The daily support levels are around 4677.03 and 4639.27. The daily resistance levels are around 4746.51 and 4778.23.

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