Categories: Technical analysis

Visa Wave Analysis – 19 June 2025

Visa: ⬇️ Sell

– Visa broke daily up channel

– Likely to fall to support level at 332.90

Visa recently broke the support zone located between the support level 345,00 (which reversed the price earlier this month) and the 38.2% Fibonacci correction of the upward impulse from the start of April.

The breakout of this support zone coincided with the breakout of the daily up channel from April – which accelerated the active wave 4.

Visa can be expected to fall to the next support level at 332.90 (former minor support from April and the target for the completion of the active wave 4).

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: Visa

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