Oil has reached the resistance trend line and shown rejection at 82.35.
We can expect price to move down towards support over the next few weeks if we see prices stabilise below 80.00
We can expect price to move down towards support over the next few weeks if we see prices stabilise below 80.00
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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.