• AIG reversed from support zone
• Likely to rise to 42.00
AIG recently reversed up from the support zone located between the key support level 36.80 (impervious monthly low from December), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse from September.
The upward reversal from this support zone started the active medium-term upward impulse wave (3).
AIG is expected to rise further toward the next resistance level 42.00 (which reversed the previous impulse waves (5) and (1) in November and January respectively – as can be seen below).
- 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