
NOKIA: ⬆️ Buy
– NOKIA broke resistance area
– Likely to rise to resistance level 12.50
NOKIA rising sharply after the earlier breakout of the resistance area between the resistance level 11.00 and the resistance trendline of the daily up channel from the start of April.
The breakout of this resistance area accelerated the active short-term impulse wave 5 of wave (C) from November.
Given the overriding daily uptrend, NOKIA currency pair can be expected to rise to the next resistance level 12.50 – target for the completion of the active short-term impulse wave 5.