Technicals:
- Potential Reversal from 4H Order Block to the upside or
- Downtrend continuation to the next 4H Order Block (Price Range: $ 78 - $ 76)
Fundamentals:
- OPEC+ Production cut announcement (5-10-2022) >> Will push price higher if successful
- US-led efforts to ease supply crunch. >> Downtrend to continue to Price Range: $ 78 - $ 76 if...
US Government 10 YR Bonds prices is falling and the Yield is rising so Dollar Index will continue the uptrend.
Fundamental & Technical Support for the bullish trend
