Euro price has been corrected and reached strong support levels, so one may look for new purchases in the middle-term trend
USCrude – oil
Oil price is rising against the US dollar. The middle-term trend is upward.
Yesterday, traders tried to correct the price, but they failed to reach even the broken-out TZ 2, so, expect a deeper correction this week and look for a pattern. If there is a buy pattern in the range of [57.98 – 56.11], enter long trades there with a target at TZ 3 [61.43 – 61.07].
Oil short-term uptrend continues. The key support at…
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