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SHORT OIL

Short
Crude Oil (CURRENCYCOM:OIL_CRUDE)  
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CURRENCYCOM:OIL_CRUDE   Crude Oil
Trend Analysis Chart Patterns Technical Indicators Oil oilprice Commodities oilusd USD euro europe FUEL
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trendanalysis chartpattern indicator oil oilprice commodities oilusd usd euro europe fuel
OIL USD broke its weekly uptrend channel at $95 which was formed since May 2020 and which confirms we are in a correction downtrend phase.

Currently, expected correction target is into the demand / support zone around area $60.
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