Categories: Technical analysis

Apple Wave Analysis – 20 March 2025

Apple: ⬇️ Sell

– Apple reversed from resistance level 220.00

– Likely to fall to support level 208.00

Apple recently reversed down from the pivotal resistance level 220.00 (former strong support from November and January, acting as the resistance level after it was broken previously).

The donwward reversal from this resistance level 220.00 stopped the previous short-term correction 4 – which belongs to wave (C) from February.

Apple can be expected to fall to the next support level 208.00 (which reversed the price earlier this month).

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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