- Cisco Systems broke resistance zone
- Likely to rise to resistance level 88.00
Cisco Systems previously broke the resistance zone between the resistance level 85.00 (top of the previous correction B) and the resistance trendline of the daily up channel from February.
The breakout of this resistance zone should strengthen the bullish pressure on Cisco Systems.
Given the clear daily uptrend, Cisco Systems can be expected to rise toward the next resistance level 88.00, former top of wave (C) from February.
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By the FxPro Analyst Team
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Disclaimer
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