EURUSD buyers tried to break through the previous local high and consolidate above
USCrude – oil
Oil has rebounded up from the support at [55.86 – 55.43] and is testing the resistance level of the previous local highs. This level is below Target Zone 2 [59.83 – 59.43]. If you are holding up purchases, I suggest you take a part of profits and hold the rest up.
In the shorter timeframe, the sell scenario didn’t work out, and the trend has reversed up via the breakout of Intermediary Zone [57.35 – 57.13]. Starting from today, we are looking for oil…
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