Visa: ⬆️ Buy
– Visa broke daily down channel
– Likely to rise to resistance level 376.00
Visa recently reversed up from the support zone between the key support level 357.00 (which stopped wave 4 in the middle of August) and the 38.2% Fibonacci correction of the upward impulse (3) from the start of June.
The upward reversal from this support zone completed the ABC correction (4) and broke the resistance trendline of the daily down channel from the start of September.
Given the clear daily uptrend, Visa can be expected to rise further toward the next resistance level 376.00 – former support from the start of September.