• FedEx broke the support zone
• Likely to fall to 100.00
FedEx recently broke the support zone lying between the key support level 107.50 (low of the previous correction B from April) and the 61.8% Fibonacci correction of the upward impulse from March.
The breakout of this support zone accelerated the active impulse wave C of the intermediate ABC correction (B) from April.
FedEx is likely to fall further toward the next round support level 100.00 (likely price for the completion of the active impulse wave 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