USCrude – oil
Oil price is still being corrected down towards the trend key support [54.65 – 54.25]. Once this zone is reached by the price, we shall enter purchases with a target at Target Zone 2 [59.83 — 59.43].
The short-term trend is down, the downside target is Target Zone [54.30 – 53.86]. Yesterday, buyers were testing Additional Zone [56.15 – 56.04] trying to break it out. Before the end of the US session, the price rolled back below the resistance, so, the zone was held.
For today, continue entering sell trades in the strong resistances. If there...
Read full author’s opinion and review in blog of #LiteForex