I expect that the fed will not raise interest rates in September and the price will go down to 102-100 area. And this moment will be perfect for long position.
If we have doji or pinbar before autumn it'll be a good moment for short position.
UK economy is strong and anyway it's a metter of time.
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gl
Elliot + fundamental
Oil prices drop after Saudi oil minister downplays production freeze
The oil Minister of Iran will not participate in the negotiations on the freezing of production in Doha
