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CAC40 Forecast Today 20/9: Powers Higher (Video+Chart)
(MENAFN- Daily Forex)
- The Parisian index skyrocketed during the trading session slamming into the 7600 euro level but perhaps more importantly the 200 day EMA.
- That being said I do see a lot of noise between here and 7700 and therefore I'm a bit skeptical or maybe a better word would just be cautious at this point in time.
- Yes, they clearly have momentum to the upside in this index, but you can also see where this might end up being somewhat of a perfect area to start shorting again at the first signs of trouble.

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