Exxon Mobil Wave Analysis – 1 June, 2021

Exxon Mobil Wave Analysis – 1 June, 2021

June 01, 2021 at 04:12PM

• Exxon Mobil rising inside impulse wave 3

• Likely to rise to resistance level 62.00

Exxon Mobil continues to rise inside the minor impulse wave 3 which started earlier from the pivotal support level 57.50 (former strong resistance from March and April).

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The active impulse wave 3 belongs to the intermediate impulse wave (5) from the middle of April.

Exxon Mobil can then be expected to rise further toward the next resistance level 62.00 (which has been reversing the price from March).

From: The FxPro News Team https://fxpro.news/technical-analysis/exxon-mobil-wave-analysis-1-june-2021-20210601/
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June 01, 2021 at 04:12PM

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