Euro local trend reversed down. Middle-term uptrend will continue until level 1.10 is broken out
USCrude – oil
Oil is trading in the uptrend. The target is Target Zone 2 [59.83 – 59.43]. Hold the positions opened up to the target, or open new ones in Target Zone [54.65 — 54.25].
The local uptrend continues. Yesterday, there was a reaction of buyers in Additional Zone [57.65 – 57.55], but the price didn’t reach the target in Target Zone [59.16 – 58.76]. Finally, the up-move was swamped.
The price is testing the strong support again. We need a new pattern to…
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