– Citigroup falling inside minor impulse wave 1
– Likely to fall to support level 54.80
Citigroup falling inside the sharp minor impulse wave 1 of the intermediate impulse wave (3) from the end of March.
The price earlier broke the round support level 60.00 coinciding with the support trendline of the extended up channel from and the 38.2% Fibonacci correction of the upward impulse from February.
Given the strength of the active impulse wave 1, Citigroup can be expected to fall further to the next support level 54.80 (former support from February).
- 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