Strategy
CAC40 - 14 September 2020
Strategy
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Published on 2020-09-14
A moderate bullish bias is applicable above 5010. Technical score: 0
The price remains in a moderate inclining channel pattern. A bullish MACD the daily time frequency remains applicable. Upside price momentum halted – supporting a bearish trend. Only a confirmed price action below 5010 will reverse the bullish trend direction. Upside target: 5040. Downside target for a break below 5010 will be 4985.