Categories: Technical analysis

Google Wave Analysis – 2 July, 2020

• Google rising inside impulse wave 5

• Likely to reach 1475.00

Google continues to rise inside the short-term impulse wave 5, which started earlier from the support zone surrounding the support level 1350.00

The active impulse wave 5 belongs to the extended upward impulse sequence (3) from the middle of March. Google is likely to rise further toward the next resistance level 1475.00 (top of the previous short-term impulse wave 3 from the start of June).

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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