Usoil-range trading
Updated
Under the influence of the current conflict in the Red Sea, oil has made a short-term correction under the pressure of a strong US dollar. Technically, the long and short positions have alternated, and it still shows the wide range consolidation trend that has been emphasized recently. The last trading day fluctuated from around 72 and hit a maximum of 73.5. The pressure nearby fell back below 72 as expected, and is now testing the support below again.
Usoil:buy70.2-70.6
TP:71.3-71.7-72
SL:69.7
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Trade active
Are you following?Trade closed: target reached
71.3Trade closed: target reached
The current maximum is 71.8Trade closed: target reached
72 arrived
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