USOIL is trading in bullish parallel channel and printing consistent HHs HLs. Currently the price is retracing to important support zone. As the green candles at support zone indicating the bulls are still alive.
If the bullish momentum continues the next target could be 1.3640 region.
bullishpatternChart PatternsdowtheoryTechnical IndicatorsJTSnewhighsupportTrend AnalysisUSDCAD

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