- Apple broke support area
- Likely to fall to support level 200.00
Apple recently broke the support area between the strong support level 220.00 (which has been reversing the price from October) and the 61.8% Fibonacci correction of upward impulse from August.
The breakout of this support area accelerated the active impulse wave 3 of the sharp downward impulse wave (C) from February.
Apple can be expected to fall to the next round support level 200.00 – which is the target price for the completion of the active impulse wave (C).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.