TitleRising into Overlap ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 2.08436 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement lev
Another huge drop Rigs are in freefall. People are talking about a drop to 11 million US barrels per day from almost 13 mbpd. It could be much deeper. Weekly oil rig changes in key shale basins:
Forex news from the European trading session – 6 April 2020 Headlines: Markets: – AUD leads, JPY lags on the day – European equities higher; E-minis up 3.8%
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