• Unilever broke daily down channel
• Likely to rise to resistance levels 39.60 and 40.75
Unilever continues to rise after the earlier breakout of the resistance trendline of the daily down channel from August – inside which the price has been moving from August.
The breakout of this down channel continues the active impulse wave (iii) of the longer-term upward impulse 3 from the middle of October.
Unilever can be expected to rise further toward the next resistance levels 39.60 (top of the earlier minor correction 2) and 40.75 (monthly high from September).
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
This website uses cookies