USCrude – oil
Oil middle-term uptrend continues. The price is currently rising up from the trend key support [53.77 – 53.40]. I recommend looking for purchases this week. Buy target is in Target Zone 2 [58.13 — 57.77].
The zone of [55.74 – 55.36] was tested yesterday in the ongoing short-term trend. This is a strong support where I recommend looking for buy entries according to the pattern. I don’t yet see any pattern, but there is buyers’ reaction. We shall monitor the situation.
If the yesterday’s high is broken through, the support zones must be rearranged. If there is…
Read full author’s opinion and review in blog of #LiteForex