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Coca-Cola: ⬇️ Sell
– Coca-Cola broke the support zone
– Likely to fall to support level at 68.55
Coca-Cola recently broke the support zone located between the support level 70.35 (which reversed the price twice from May) and the 61.8% Fibonacci correction of the upward impulse 1 from May.
The breakout of this support zone coincided with the breakout of the daily Triangle from April – which accelerated the active correction 2.
Coca-Cola can be expected to fall to the next support level at 68.55 (former monthly low from May and the target for the completion of the active correction 2).
Source: https://fxpro.news
