The oil counter is currently in an ascending channel pattern.
It has crossed the critical resistance of 54.87 as well.
Hence, we expect the pair to head to the upper parallel for now.
It has crossed the critical resistance of 54.87 as well.
Hence, we expect the pair to head to the upper parallel for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.