0 0

May 03, 2021 at 03:53PM

• Coca-Cola reversed from support level 53.20

• Likely to rise to resistance level 54.70

Coca-Cola recently reversed up from the pivotal support level 53.20 (former resistance from the stat of April) – strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of upward impulse form March.

The upward reversal from the support level 53.20 started the active short-term impulse wave (iii).

Coca-Cola is likely to rise further toward the next resistance level 54.70 (top of the previous impulse wave (i) from last month).

Continue Reading…

From: The FxPro News Team https://fxpro.news/technical-analysis/coca-cola-wave-analysis-3-may-2021-20210503/
Selected by fonecable.com

Ktafx
euro
Search Web: Coca-Cola Wave Analysis 3 May, 2021

Recent Posts

euro

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports