• Citibank reversed from resistance level 54.00
• Likely to fall to support level 50.00
Citibank recently reversed down from the key resistance level 54.00 (the former monthly low from March and the monthly high from April).
The resistance zone near the resistance level 54.00 was strengthened by the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from February.
Given the clear daily downtrend, Citibank can be expected to fall further toward the next round support level 50.00.
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies