Oil is trying to make a breakout. Uptrend continuation is expected.
Oil is trying to make a breakout. Uptrend continuation is expected.
D H3 – 82.60 is the resistance. Trend line is effectively touching the highs. If we see a bullish momentum above 82.60, get ready for a breakout. Bulls will target 83.20 followed by 83.82 and 85.02. Oil is in general uptrend and dips are used for bulls to buy at the better price.
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