USCrude – Oil
The US session closed the price above Target Zone 2 and above level yesterday 59.83. The zone will be broken out with consolidation above when the second US session closes the price above. In this case, the next growth target will be Target Zone 3 [63.30 — 62.93].
The short-term uptrend continues. The price went up close to the strong resistance Gold Zone [60.77 – 60.58] yesterday. The price is rising from Additional Zone [59.51 – 59.42]. Once the high of last week is broken through, the support zones should be rearranged.
If the price starts falling...
Read full author’s opinion and review in blog of #LiteForex