Analysis for oil, gold, and EUR/USD for 25.03.2020

USCrude – oil

Oil is now trading above the middle-term support [23.41 – 22.95]. Besides, there is a buy pattern “1-2-3”. There is the target above that hasn’t been reached, Target Zone 2 [29.80 – 29.34]. Today, I recommend holding purchases entered according to the pattern and look for new buy entries.

In the shorter timeframe, there is the short-term uptrend, whose target is to test Target Zone [26.59 – 26.03]. Therefore, today, it is relevant to hold up or enter new purchases according to the patterns on the correction.

The strong support is also Additional Zone, as the market…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>