Categories: Technical analysis

AT&T Wave Analysis – 18 February 2025

– AT&T broke the resistance zone

– Likely to rise to resistance level 27.00

AT&T recently broke through the resistance zone at the intersection of the long-term resistance level 25.00 (which has been reversing the price from 2020) and the resistance trendline of the daily up channel from 2024.

The breakout of this resistance zone accelerated the active medium-term impulse wave (3) from the start of January.

AT&T can be expected to rise to the next resistance level 27.00 (target price for the completion of the active impulse wave (3)).

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: AT&T

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