This article centers on the Q1 technical outlook for oil, closely scrutinizing both price action dynamics and market sentiment to unveil insights into the next big possible moves.
<p>EUR/USD has given back most of yesterday's gains and is trading at a session low, down 57 pips to 1.0611. The dollar is broadly stronger at the moment as Treasury yields tick higher.<
<p>Pivot</p> <p> (invalidation): 12268.00 Our preference</p> <p>Long positions above 12268.00 with targets at 12590.00 & 12800.00 in extension.</p>
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