MasterCard Wave Analysis – 9 December, 2021

• MasterCard broke resistance zone

• Likely to rise to resistance level 350.00

MasterCard recently broke the resistance zone between the resistance level 340.00 and the 50% Fibonacci correction of the downward impulse (1) from the middle of November.

The breakout of this resistance zone accelerated the active medium-term wave (2).

MasterCard can be expected to rise further toward the next resistance level 350.00 (target price calculated for the completion of the active correction (2)).