- Google broke resistance zone
- Likely to rise to resistance 191.65
Google recently broke the resistance zone between the resistance level 185.00 and the upper trendline of the daily Rising Wedge from the start of May.
The breakout of this resistance zone accelerated the active impulse wave C of the intermediate ABC correction (2) from the start of April.
Given the clear daily uptrend, Google can be expected to rise further to the next resistance 191.65 (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
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Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.