Categories: Technical analysis

Coca-Cola Wave Analysis – 3 September 2025

Coca-Cola: ⬆️ Buy

– Coca-Cola reversed from the support area

– Likely to rise to resistance level 70.00

Coca-Cola recently reversed from the support area between the strong support level 67.45 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from January.

The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer, which stopped earlier wave a.

Coca-Cola can be expected to rise to the next resistance level 70.00, target price for the completion of the active wave b.

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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Tags: coca-cola

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