Google Wave Analysis – 4 February 2025

– Google under the bullish pressure

– Likely to rise to resistance level 210.00

Google is under bullish pressure after the earlier breakout of the resistance level 200.00, which is the upper border of the sideways price range inside which the pair has been moving from December.

The breakout of the resistance level 200.00 accelerated the active minor impulse wave 5, which belongs to the intermediate impulse wave (C) from September.

Given the clear daily uptrend, Google can be expected to rise to the next resistance level 210.00 (target price for the completion of the active impulse wave 5).