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Cisco Wave Analysis 3 February 2026
(MENAFN- FxPro)
Cisco: ⬆️ Buy
– Cisco broke resistance area
– Likely to rise to resistance level 85.00
Cisco recently broke the resistance area located between the round resistance level 80.00 (which stopped the previous waves iii and 1) and the resistance trendline of the wide daily up channel from September.
The breakout of this resistance area accelerated the active impulse wave 3, which belongs to the intermediate impulse wave (3) from August.
-pGiven the clear daily uptrend, Cisco can be expected to rise to the next resistance level 85.00 (target price for the completion of the active impulse wave 3).
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