- Adobe broke resistance area
- Likely to rise to resistance level 440.00
Adobe recently broke the resistance area between the resistance level 403.60 (which stopped the previous minor corrective wave iv) and the 50% Fibonacci correction of the downward impulse from February.
The breakout of this resistance zone continues the active minor impulse wave (iii) of the C-wave from the middle of April.
Adobe can be expected to rise to the next resistance level 440.00, which is the target price for the completion of the active impulse wave (iii).
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
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
