Categories: Technical analysis

Abercrombie & Fitch Co Wave Analysis 25 March 2024

– Abercrombie & Fitch Co reversed from resistance level 140.00

– Likely to fall to support level 115.00

Abercrombie & Fitch Co recently reversed down with two daily Dojis from the pivotal resistance level 140.00, which stopped the previous impulse wave 1 in March.

The resistance level 140.00 was strengthened by the upper daily Bollinger Band.

Given the strength of the resistance level 140.00, Abercrombie & Fitch Co can be expected to fall further to the next support level 115.00 (which stopped the previous corrective wave 2).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: ANF

Recent Posts

Oil: forming the bottom

Energy is expected to regain the attention of market speculators next year due to both…

4 hours ago

The crypto market teeters on the brink of correction

The crypto market has experienced a slight decline, falling to $3.29 trillion in the last…

8 hours ago

GBPUSD Wave Analysis 27 December 2024

- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…

3 days ago

EURUSD Wave Analysis 27 December 2024

- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…

3 days ago

WTI Wave Analysis 26 December 2024

- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…

4 days ago

AUDUSD Wave Analysis 26 December 2024

- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…

4 days ago

This website uses cookies