Yesterday, the oil price stopped at the $87.15 level at the 61.8% Fibonacci level. Since then we have seen a new bearish impulse, and now we can expect a continuation to the previous low at $82.00.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.