Crude Oil, Which way to go?
USOILOn the chart you see that I have pointed out the zones which price rejected multiple times. On the daily chart we see that price is at the top of our channel, Stochastic RSI indicator is also maxed out as well as awaiting fundamentals. If the pair is to short, which I am leaning more towards based on technical analysis, I have expectations for a retracement down to $54.23 or lower. Let me know your honest opinion in the comment section.
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