US dollar’s strength and the coronavirus (COVID-19) fears could be cited as negatives, storms marching towards the Gulf of Mexico are the latest positives for the black gold.
Technically we are looking at sideline range trading after declining from top $43 and currently trading around $42.5, key level support would hit lowest at 41.5 lower line
Technically we are looking at sideline range trading after declining from top $43 and currently trading around $42.5, key level support would hit lowest at 41.5 lower line
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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.