Visa Wave Analysis – 11 October, 2019
October 11, 2019 @ 17:27 +03:00
- Visa rising inside impulse wave (3)
- Likely to rise to 185.00
Visa recently reversed up from the support zone lying between the support level 167.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward impulse from June.
The upward reversal from this support zone started the active medium-term impulse wave (3).
Visa is expected to rise further and retest the next resistance level 185.00 (monthly high from July and September).