Analysis for oil, gold, and EUR/USD for 26.03.2020

USCrude – oil 

Oil was trading above the key support [23.41 – 22.95] yesterday. The trend is up today, so, we enter long trades or hold up the existing ones. The target is the high of last week.

Let us analyze the short-term chart. The short-term trend is up, the target is to test Target Zone [26.59 – 26.03].

Oil price is now being corrected down and testing Additional Zone [23.46 – 23.32]. Additional Zone is a strong intraday support, where I recommend entering buy trades.

A little lower, there is the trend key support, Intermediary Zone [22.06 – 21.78]….<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>