AS of now, OIL price is trading above resistance turned support of 54.89 price zone.
As we are expecting a bearish move in dollar index, we'll be looking for a bullish move here.
If we get a pullback and test of 54.89 price zone, we'll be looking for bullish opportunities with our target set at 59.35 price zone.
As we are expecting a bearish move in dollar index, we'll be looking for a bullish move here.
If we get a pullback and test of 54.89 price zone, we'll be looking for bullish opportunities with our target set at 59.35 price zone.