Airbus Wave Analysis – 1 July, 2022

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• Airbus reversed from support level 90.2
• Likely to rise to resistance level 98.75

Airbus recently reversed up from the strong support level 90.2 (which has been reversing the price from the start of March).

The upward reversal from the support level 90.2 stopped the previous impulse waves (iii) and iii.

Airbus can be expected to rise further toward the next resistance level 98.75 (top of the previous minor correction (iv) from the middle of June).

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