Euro is trading up in the middle-term trend with the target to break through October high and test Target Zone 2
USCrude – oil
In the middle-term chart, oil price is again testing the resistance Target Zone [55.86 – 55.43]. The middle-term trend downtrend will continue until the high of last week is broken through. Therefore, I recommend looking for sell entries according to the pattern with the at October low and at Target Zone 3 [50.01 — 49.57] 3.
The short-term trend is also downward as the key support [54.67 – 54.45] was broken out last week. The downside…
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