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Kav1ka
19 aug 2018 20:06

Crude Oil Bounces Off The Weekly Trendline Lång

U.S. DOLLAR / WTI CRUDE OILICE

Beskrivning

This week in Crude Oil is an important week to determine whether we will see prices heading back towards $75, or a continuation to the downside. On the chart, the market found support on the weekly trendline, together with the daily 200 period-moving average and the 88.6 Crude Fib level. However, following last week's bearish momentum, the bulls would have to show up this week if they want to keep control of this market. In my opinion, it is going up.

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