Will Oil test $55 by march end?
Crude is forming reversal patterns on daily charts since $31 that might take it to $45, now it has also started to show signs on weekly charts.
USD/CAD showing a downtrend now, it has inverse relationship with Crude.
Higher then Average volumes on Demand Day after 4 months is also a good indication.
Closing above $31 this week will be a good indication.
USD/CAD showing a downtrend now, it has inverse relationship with Crude.
Higher then Average volumes on Demand Day after 4 months is also a good indication.
Closing above $31 this week will be a good indication.
_AR_
