Categories: Technical analysis

Citibank Wave Analysis – 20 August 2025

Citibank: ⬆️ Buy

– Citibank reversed from support zone

– Likely to rise to resistance level 95.60

Citibank recently reversed from the support area between the round support level 90.00 (which has been reversing the price from July) and the lower daily Bollinger Band.

This support zone was further strengthened by the 38.2% Fibonacci correction of the previous upward impulse from June and by the support trendline from April.

Given the strong daily uptrend, Citibank can be expected to rise to the next resistance level 95.60, which stopped the previous waves 3, b and i.

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: Citibank

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