CRUDE OIL (WTI) (Medium to Long Term)

FX:USOIL   CFDs on Crude Oil (WTI)
245 9 10
The Crude seems to has an important relative strength in the medium-term price, indeed prices immediately resume after a short retracement. The technical approach seems oriented upward. Pay attention below the area of 43.00 dollars.
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
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Wo... uptrend.
mgiuliani trevorwong77
Thank you. Yes think so in order to this point: the Saudi Arabia will raise the output? No because there will be the IPO of the SaudiArmaco this year, so the price of oil must be high.
Too late for me :)
Thanks anyway... ;-)
vaicru mgiuliani
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