
Adobe: ⬆️ Buy
– Adobe broke resistance area
– Likely to rise to resistance level 285.00
Adobe recently broke the resistance area between the key resistance level 280.00 (which has been reversing the price from March) and the 61.8% Fibonacci correction of the downward impulse from the start of March.
The breakout of this resistance area coincided with the breakout of the daily up channel from April – which accelerated the active impulse wave 1.
Adobe can be expected to rise to the next resistance level 285.00 (previous monthly high from March).
Source: https://fxpro.news
