Oil is currently sitting on support.
If it breaks, we might retest the 200 week moving average.
While it is not very likely we will break it due to slowly recovering oil demand, there is a lot of room to fall if we do break it, at least according to TA.
If it breaks, we might retest the 200 week moving average.
While it is not very likely we will break it due to slowly recovering oil demand, there is a lot of room to fall if we do break it, at least according to TA.
Note
:) ?
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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.