We have seen oil test these levels twice before, and generally it seems to be following the trend again. We could find some support at 58.25 but with Greece looming and, however unlikely, the Iran deal looming I think we test this bottom trend.
very good one, but looking at the daily, it seems USOIL had more downward pressure this week.
Is USOIL dropping towards $54 now? (then $50 and finally $42?
Is USOIL dropping towards $54 now? (then $50 and finally $42?