Categories: Technical analysis

Google Wave Analysis – 28 March 2025

Google: ⬇️ Sell

– Google broke key support level 160.00

– Likely to fall to support level 147.30

Google recently broke the key support level 160.00 (which has been reversing the price from September, as can be seen from the daily Google chart below).

The breakout of the support level 160.00 accelerated the active impulse waves iii and 1 – both of which belong to the extended downward impulse wave (1) from last month.

Google can be expected to fall to the next support level 147.30 (a former multi-month low from last September).

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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