Oil could be up for a new rally.
Recession worries might cause questions for demand but inflation combined with War seem heavier and most likely to push the price higher again this year.
In any case, we follow the chart:
Support worked nicely the same way that resistance was calculated perfectly (check our previous ideas below).
The price has exited the wedge and checked it as support..
We are Bullish here, again.
One Love,
the FXPROFESSOR
Recession worries might cause questions for demand but inflation combined with War seem heavier and most likely to push the price higher again this year.
In any case, we follow the chart:
Support worked nicely the same way that resistance was calculated perfectly (check our previous ideas below).
The price has exited the wedge and checked it as support..
We are Bullish here, again.
One Love,
the FXPROFESSOR
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