Categories: Technical analysis

Novartis Wave Analysis – 10 December 2025

Novartis: ⬇️ Sell

– Novartis reversed from strong resistance level 133.35

– Likely to fall to support level 128.00

Novartis recently reversed up from the resistance area between the strong resistance level 133.35 (which has been reversing the price from the start of October) and the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the previous minor impulse wave i from the end of November.

Given the strength of the resistance level 133.35, Novartis can be expected to fall to the next support level 128.00.

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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The FxPro Tech Analysis Team
Tags: Novartis

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