Moderna Wave Analysis – 15 November, 2022


• Moderna broke resistance level 180.00

• Likely to rise to resistance level 197.15

Moderna recently broke the resistance level 180.00 (top of the previous minor correction 2 from the middle of August).

The breakout of the resistance level 180.00 accelerated the active short-term impulse wave C of the ABC correction (2) from the end of September.

Moderna can be expected to rise further toward the next resistance level 197.15 (former monthly high from the start of August).

Source: Fxpro

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