Crude oil and the Greenback are flying in opposite directions.
Crude Oil:Over the past two weeks there is an extremely accurate upwards channel forming on the 4 Hour chart. Oil has made a significant move and is displaying a healthy consistent move up with plenty of room to run. The next significant resistance level is around 88.00 which provides forex traders with a great opportunity to jump in to this massive uptrend with large momentum still steaming.
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