UKOIL bounced from support, potential for a further rise
Price holding above 78.6%, 38.2% Fibonacci retracement, 78.6% Fibonacci extension and Horizontal graphical support. A short term rise above our 1st support at 50.76 towards our 1st resistance at 51.74 could be possible.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname
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