Adobe Wave Analysis – 19 May 2025

Adobe: ⬆️ Buy

– Adobe broke resistance area

– Likely to rise to resistance level 440.00

Adobe recently broke the resistance area between the resistance level 403.60 (which stopped the previous minor corrective wave iv) and the 50% Fibonacci correction of the downward impulse from February.

The breakout of this resistance zone continues the active minor impulse wave (iii) of the C-wave from the middle of April.

Adobe can be expected to rise to the next resistance level 440.00, which is the target price for the completion of the active impulse wave (iii).

Source: https://fxpro.news