USCrude – oil
Oil price is being corrected. Look for buy entries in the key support zone [1.1035 — 1.1021], or according to the pattern in the zone of [55.86 – 55.43]. The target will be to break through the local high of last week and reach Target Zone 2 [60.21 – 59.78]. So, the previous trading recommendations are still relevant.
Let us see the shorter timeframe for a detailed analysis. There is the short-term uptrend, the upside target is to test the zone of [58.43 – 58.00]. Yesterday, the sellers tried to correct the price towards the key support…
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