EUR/USD middle-term downtrend continues
USCrude – oil
Oil price broke out Target Zone 2 [54.36 – 53.91] last week. The middle-term downtrend continues. The next downside target is Target Zone 3 [49.86 — 49.41].
Oil local trend is downward. Intermediary Zone [53.55 – 53.33] was tested on Friday. This is the key resistance of the trend, which contains the best sell prices, according to the methodology.
Today, I recommend a reversal pattern to enter short trades with a target to update the low of October 3.
If IZ is broken out upside with the price consolidation at they US session,…
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