• Cotton broke resistance level 88.30
• Likely to rise to resistance level 92.5
Cotton recently broke the pivotal resistance level 88.30 (top of the previous waves 4 and (B)) and the 61.8% Fibonacci retracement of the ABC correction from February.
The breakout of the resistance level 88.30 accelerated the active intermediate impulse wave (3).
Cotton is likely to rise further toward the next resistance level 92.5 (top of the previous minor correction 2 from the start of March).
Gold and silver have been enjoying a return to demand since early May, and buyers…
Market picture The crypto market added 2.8% in the last 24 hours to a total…
- Adobe reversed from resistance level 500.00 - Likely to fall to support level 460.00…
- Goldman Sachs rising inside impulse waves 3 and (3) - Likely to rise to…
- WTI crude oil reversed from support area - Likely to rise to resistance level…
- AUDJPY reversed from support area - Likely to rise to resistance level 103.00 AUDJPY…
This website uses cookies