Oil is testing the strong upside resistance zone
On the Oil daily chart, we can see that the pair is testing the strong long-term upside resistance 65-66 zone. We have a minor break below this level but the confirmation of this break would come on a daily close above the 66 level where we can see an upside extension.
Note: look for the long/short trade entries based on price action break above or rejection from the indicated zone.
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