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United Technologies Wave Analysis – 20 April, 2019

 
  • United Technologies reversed from resistance area
  • Likely to fall to 80.00

United Technologies continues to fall inside the medium-term correction (2) which started earlier from the resistance area lying between the key resistance level 100.00 and the 38.2% Fibonacci correction of the previous downward impulse from February.

The active wave (2) belongs to the recently started upward impulse sequence ③ from the middle of March.

United Technologies is expected to fall further toward the next support level 80.00 (likely price for the completion of the active correction (2)).

United Technologies reversed from resistance area Likely to fall to 80.00


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