• Costco falling inside impulse waves 5 and (C)
• Likely to reach support level 400.00
Costco continues to fall inside the sharp downward impulse waves 5 and (C), which previously broke through the two strong support levels 470.00 (January’s low) and 435.00 (October Low).
The breakout of these support levels added to the bearish pressure on Costco – accelerating the fall.
Costco can be expected to fall further toward the next round support level 400.00 (target for the completion of the impulse waves 5 and (C)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies