Will the U.S. GDP Data Trigger Another Bearish Wave for the Greenback?
Crude Oil: The strong bullish channel has been breached through the bottom barrier which started a strong bearish correction into the 92.00 zone. Oscillators show that the bearish momentum created by that breach is diminishing. This creates a great long entry point for Forex traders, as the journey to the $100 will probably be back on track soon.
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