Oil Trend Analysis Long

West Texas OilOANDA

Description

⋅ Feb 12, 2021 2:55 PM

A continuation of US dollar weakness and a strengthening Canadian dollar, will likely see Oil continue to rally over the coming months.

Initial targets are:

Target 1: $65
Target 2: $75
Target 3: $90

Trade closed: target reached

⋅ Feb 4, 2022 2:54 PM

All targets have now been reached. Current price $92.

New oil analysis for 2022 is here......