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Coca-Cola Wave Analysis – 19 June 2025

Coca-Cola: ⬇️ Sell– Coca-Cola broke the support zone– Likely to fall to support level at 68.55Coca-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.Th…

ОбновленныйИюн 20, 2025
1 мин. чтения

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

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