USOIL

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USOIL

OIL Approaching $100 per barrel.. High oil prices raise fears of inflation.....

Oil rose to the highest level, after a decline in production from Russia and Saudi Arabia and a rise in demand from China.

Tactically, if the price can break 91.91 and stable above it , will be rise to touch the strong resistance line which 93.84 and 94.82

also about down acting , should stable under 91.91 and don't pass that line, then will be fall to get 89.88

Tendency: up trend

Entry price: 91.48

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