Oil bounce from Fibonacci support
Oil is putting in a bounce from the very bottom of the zone looked at on Monday.
bulls aren't out of the woods just yet, but this has the makings of what could become a reversal theme.
Next major levels - 70 big fig, 71 swing res, 72.45 recent swing high, above that and targets can shift back to 75.
bulls aren't out of the woods just yet, but this has the makings of what could become a reversal theme.
Next major levels - 70 big fig, 71 swing res, 72.45 recent swing high, above that and targets can shift back to 75.
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