🛢️ OIL- Support Now and off to 80-93$ 🛳️

Further to our previous idea last week :

Price is back on he rise after the mini-crash last Friday on Botswana mutation fears.

NEWS:

Omicron appears to be producing more mild cases of COVID-19 so far. Public health officials are encouraged—but cautious

Crude Oil Prices Could Reach $125 a Barrel. Here’s Why.

Expectation is that most likely price can rise again now. Back to the 80$ mark or even further , in an attempt to break back into the previous ascending channel on our chart.

Cheaper Oil can partially fix inflation but at this stage nobody wants to miss the Xmas season. Especially Europe on a weak euro and the rest of the world after last years lockdowns.

Mutation do tend to spread faster but to be less serious.

May this pandemic be over soon even if we pay more for Oil for a while.

one Love,

the FXPROFESSOR Crude Oil - Wti Back to 70,64