Tuesday, 02 January 2024 12:17 GMT

Google Wave Analysis 26 January 2026


(MENAFN- FxPro) Google: ⬆️ Buy

– Google reversed from support level 320.00

– Likely to rise to resistance level 340.00

Google recently reversed up from the support area between the pivotal support level 320.00 (former resistance from December) and the 20-day moving average.

The upward reversal from this support zone started the active minor impulse wave 3 which belongs to the sharp intermediate impulse wave (5) from December.

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Given the strong multi-month uptrend, Google can be expected to rise to the next resistance level 340.00 (top of the previous impulse wave 1).

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FxPro

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