Catepillar recently reversed up from the support area lying between the key support level 140.00 (former multi-month resistance from last July), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse (i) from October.
The upward reversal from this support area stopped the previous short-term impulse wave (c).
Catepillar is likely to rise further toward the next resistance level 144.00 (former strong support from the end of December).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
