Analysis for oil, gold, and EUR/USD for 22.06.2020

USCrude – oil

Oil price continues rising. The middle-term is up.

At the end of last week, oil buyers broke through the local high, and the price approached the strong resistance Target Zone 5 [41.67 – 40.92]. If the zone is broken out, the next target will be Target Zone 6. Otherwise, the price will be corrected down.

Oil short-term is also up. The upside target is Target Zone 5 [41.67 – 40.92]. As the local high was broken through last Friday, the support zones should be rearranged.

Now, Additional Zone is in the price range of [38.12 – 37.90],…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>