Analysis for oil, gold, and EUR/USD for 19.03.2020

USCrude – oil 

Oil price reached Target Zone 3 [23.94 – 23.53] and broke it out yesterday. The sellers also tried to reach Target Zone 4 [19.84 – 19.43]. There was just a few pips left, after that, the price reversed up into the correction.

The downtrend border is at [25.15 – 24.69]. Once the zone is tested by the price, we shall enter new sell trades according to the pattern.

Oil short-term trend reversed up via the breakout of Intermediary Zone [22.59 – 22.36] yesterday. Now, the buy target is the upper Target Zone [25.15 – 24.69].

The key…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>