Categories: Technical analysis

Apple Wave Analysis – 13 March 2025

Apple: ⬇️ Sell

– Apple broke support area

– Likely to fall to support level 200.00

Apple recently broke the support area between the strong support level 220.00 (which has been reversing the price from October) and the 61.8% Fibonacci correction of upward impulse from August.

The breakout of this support area accelerated the active impulse wave 3 of the sharp downward impulse wave (C) from February.

Apple can be expected to fall to the next round support level 200.00 – which is the target price for the completion of the active impulse wave (C).

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.

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The FxPro Tech Analysis Team
Tags: apple

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