- MRK reversed from the support zone
- Likely to rise to resistance level 85.00
MRK recently reversed up from the support zone surrounding the long-term support level 73.45 (which has been reversing the price from the start of 2020, as can be seen from the weekly MRK chart below).
The upward reversal from the support level 73.45 started the active long-term impulse wave III.
MRK can be expected to rise to the next resistance level 85.00 (former top of wave (4) from May) – from where the price is likely to correct down.
- Likely to rise to resistance level 85.00
MRK recently reversed up from the support zone surrounding the long-term support level 73.45 (which has been reversing the price from the start of 2020, as can be seen from the weekly MRK chart below).
The upward reversal from the support level 73.45 started the active long-term impulse wave III.
MRK can be expected to rise to the next resistance level 85.00 (former top of wave (4) from May) – from where the price is likely to correct down.
By the FxPro Analyst Team
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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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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
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。