Will key US data provide some light at the end of the USD tunnel?
Crude Oil: Crude oil is once heading purposefully towards $90 mark, looking to once again break its all time high. Bollinger bands are widened indicating increased volatility. The upward momentum is still strong providing Forex traders with a good opportunity for profit taking. However charts are indicating that the bullish run is nearing its peak so we may see a sustained reversal soon.
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