3M has been rising in the last few trading sessions inside the corrective wave 4 which started earlier from support area lying between the key support level 115.00 and the lower trendline of the daily down channel from January.
The price previously broke the aforementioned down channel – which should add to the bullish pressure on this instrument
3M is likely to rise further toward the next resistance level 140.00 (top of the previous correction 4) – the breakout of which can lead to further gains toward 144.00.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
