Oil resumes positive trading strongly
The price of oil (US/OIL) resumes positive trading again as it has surpassed our positive targets mentioned in yesterday's report at the level of 61.50 and continues to trade positively above it, supporting our expectation of the continuing upward trend. Today's trading expectations for oil are as follows:
Today's trading expectations:
Stop Loss: 61.70
Target 1: 63.00
Target 2: 63.50
Expected trading range: between support 61.70 and resistance 63.50
Overall expected trend for today: Upward
Do you expect the positive trading to continue or a downward correction? Share your opinion in the comments!
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