Bullish on Crude oil

5 ביוני

CL1!
DXY

Right now as the Crude Oil prices are at *premium and technically we are around a strong support area I think we would see a rally somewhere between 67.5 and 72.5. However, this week, we have PMI and NFP news ahead so if the reports come out to support DXY, Crude oil might stay around this area for a while (as it's seasonality suggests)

* look at the closing price of the futures contracts between July and December 2024.