The Euro is heading down, undergoing correction from time to time. The asset might target the level of 1.1835 and drop even further till the level of 1.1615.Oil has pulled from the level of 62.40, forming a bullish engulfing on Friday. So far, there is a strong indication that oil might jump, targeting the level of 71.The British pound has pulled from the level of 1.3710, forming a flag. The asset might hold this position for some time and jump.Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/oil-is-on-the-rise"
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