Citigroup Inc is expected to release Q1 earnings on Thursday before the market open.
The forecast is for 1.51 EPS and 18.32B revenue.
On the chart, the price is above the support level of $49 near the 0.618 Fibonacci level
Strong results will push the price to the next resistance of $56.30.
In case the investors are not satisfied with the report retest of the support level will be inevitable.
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The forecast is for 1.51 EPS and 18.32B revenue.
On the chart, the price is above the support level of $49 near the 0.618 Fibonacci level
Strong results will push the price to the next resistance of $56.30.
In case the investors are not satisfied with the report retest of the support level will be inevitable.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.