From 34 recent low Oil has risen 20% to 41 resistance zone.
Now the price is just under this important resistance and I expect Oil to remain in this 35-41 range in the medium term
That being said I will look to sell rallies above 41 with a target on the lower part of the range
Now the price is just under this important resistance and I expect Oil to remain in this 35-41 range in the medium term
That being said I will look to sell rallies above 41 with a target on the lower part of the range
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