Categories: Technical analysis

RACE Wave Analysis – 10 October 2025

RACE: ⬇️ Sell

– RACE approaching multi-month support level 389.80

– Likely to fall to support level 375.00

RACE has been falling sharply over the last few trading sessions after the price failed to break above the round resistance level 500.00 (which has been reversing the price from January).

The price is currently approaching the strong multi-month support level 389.80 (which reversed the price in April).

If the price breaks below the support level 389.80 – RACE can be expected to fall to the next support level 375.00.

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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