English 
OIL 28.10.2021
Overview:
The above chart shows that the pair is trading in a short-term downtrend
Expected scenario:
The pair is approaching a strong support level around 80.78 - 80.60, and accordingly we will wait for the pair until it reaches these levels, and in the event of positive signs appearing, we may buy to target 82.30
Alternative scenario:
On the other hand, we see that if the 80.60 level is broken down, it may push the pair down to 80 dollars
Resistance | 82.00 | 82.40 | 82.69 |
Support | 80.78 | 80.60 | 80.00 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
Related Topics
Latest News
Friday, December 03, 2021 - 19:50
Wednesday, December 01, 2021 - 18:12
Tuesday, November 30, 2021 - 19:57
Thursday, November 25, 2021 - 19:19
Latest Fundamental Analysis
Tuesday, November 30, 2021 - 10:07
Wednesday, November 24, 2021 - 01:07
Tuesday, November 02, 2021 - 05:53
Tuesday, October 26, 2021 - 15:44
Latest Education Articles
Thursday, February 13, 2020 - 21:24
Thursday, January 30, 2020 - 14:39
Friday, January 17, 2020 - 13:00
Friday, January 17, 2020 - 12:55
