70.62 Resistance hit. Now what?
Possible retest to high of the day and above area seems very likely to happen after new bullish EIA/API data. I'm still waiting a clear signal to short oil. So far price seems pretty stable and well controlled for big hedge funds. Weaker USD also helps to sustain prices at current levels.
Just waiting the trigger to change most of the paris and instruments that have a correlation between them.
Cheers
Just waiting the trigger to change most of the paris and instruments that have a correlation between them.
Cheers
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