USOIL
Oil strongly reached our daily target yesterday, moreover, uptrend of oil still going on and may challenge $64.
With hardly momentum and breakout of 62.41, I expect oil can maintain it energy to rise for the Fifth trading day.
62.41 is a relative price to keep uptrend alive, therefore, we should better long around at 62.41 or at reversal horizon.
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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.