- Google broke key resistance level 255.00
- Likely to rise to resistance level 270.00
Google broke above the key resistance level 255.00 (which stopped the previous impulse waves 3 and i, as can be seen from the daily Google chart below).
The breakout of the resistance level 255.00 accelerated the active minor impulse wave 5 of the daily impulse sequence (1) from April.
Given the strong daily uptrend, Google currency pair can be expected to rise to the next resistance level 270.00 (target price for the completion of the active impulse wave iii).
- Likely to rise to resistance level 270.00
Google broke above the key resistance level 255.00 (which stopped the previous impulse waves 3 and i, as can be seen from the daily Google chart below).
The breakout of the resistance level 255.00 accelerated the active minor impulse wave 5 of the daily impulse sequence (1) from April.
Given the strong daily uptrend, Google currency pair can be expected to rise to the next resistance level 270.00 (target price for the completion of the active impulse wave iii).
By the FxPro Analyst Team
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Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
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Disclaimer
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.
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
Disclaimer
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.