Apple Stocks at a Crossroads: Potential Price Drop Ahead?

Apple stocks closely approached a very strong and important resistance level of 198.35. Once this asset faces resistance, it might drop and head south. Of course, the price of this asset might manage to break this resistance, head north, and hit a psychological level of 200 U.S. dollars per stock. So, let’s observe which scenario is going to play out.Bitcoin broke the psychological resistance at the level of 40000 and jumped. Currently, the asset is likely to undergo a correction, rebound to the broken level, and rise again. It might also form a flag at the current levels of around 44000. The flag usually signifies the continuation of the current trend. However, the correction is still likely to happen.The Japanese yen has tested the supporting zone formed between levels 144.50 and 145.00. At that point, the asset’s price has formed a false breakout, which is shown as a long shadow on the chart. The price of the currency pair USD/JPY might potentially rebound from the supporting zone and hit the recently achieved maximum points at the level of 151.94.