Categories: Technical analysis

GE Aerospace Wave Analysis – 28 April 2025

GE Aerospace ⬆️ Buy

– GE Aerospace broke resistance area

– Likely to rise to resistance level 205.00

GE Aerospace recently broke the resistance area between the round resistance levels 200.00, 193.60 and the 61.8% Fibonacci correction of the downward impulse from March.

The breakout of this resistance area accelerated the active short-term impulse wave 3 from the start of April.

GE Aerospace can be expected to rise toward the next resistance level 205.00 (former top of wave b from the end of March).

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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