• Abercrombie & Fitch reversed from support level 20.00
• Likely to rise to 23.55
Abercrombie & Fitch recently reversed up from the support area lying between the round support level 20.00, 50% Fibonacci correction of the upward impulse from October and the upper trendline of the daily up channel from August.
The upward reversal from this support area started the active short-term impulse wave 5 – which belongs to wave (C) from August.
Abercrombie & Fitch is expected to rise further toward the next resistance level 23.55 (top of the previous minor impulse wave 3).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies