USCrude – oil
The oil price has reached Target Zone 4 [19.84 – 19.43] in the medium-term downtrend this week. After it reached the strong support in the margin zone and tested the psychologically important level at $20 per barrel, oil price has reversed up and broke out the trend key resistance [25.15 – 24.69].
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/weekly-forecast-for-oil-gold-and-eurusd-2020-03-20/?uid=285861726&cid=58534