has been selling off since the beginning of the year. With the EIA
inventory cut due to the Atlantic Hurricane threat, we are likely to see a surge on prices. In fact, the energy commodity is still consolidating on a tight 0.130$ per unit range while being bullish
@2.500 (+40 pips or 0.04$ per m3
) and @2.600 (+140 pips or 0.14$ per m3
) or 2.265 (+100 pips or 0.10$ per m3
) if we break downside @2.370 level.
and buy at any low point while we don't break the @2.370 bottom level.