Will The US Unemployment Claims Reverse The Greenback Trend.
Crude Oil: An upcoming bearish trend is expected as the Slow Stochastic is crossing on overbought territory. It is supported by the RSI which is also hovering at overbought territory and with a negative slope offering a reevaluation to 97.45 USD per barrel. Forex traders should be patient and seek an attractive entry point for a long position somewhere below 97.45 USD.
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