USOil Welcome back to the $60s!

14 Mar 2019

The USOIL is looking for $60 dollars per barrel, but the 200-daily moving average is at $61.90. So what are we expecting then? The price already broke clusters and walking through 200-daily moving average, the tiny trend is still going up, the 50-daily moving average is crossing the 100-daily moving average, so we still have a bullish signal. Not convinced yet? It will be clear enough in the coming days.

Have a Nice Trading Week!

Cream Live Trading, Best Regards!