Oil market update GuriForex trading signals 8 May 2023

Oil update

Oil reached all short-term targets and fell way lower than expected, touching the support of 72.00.
A correction may happen from the current levels, pushing the oil higher to the resistance of 75.50.Oil market update, guriforex trading signal

Trade: Buy XBRUSD
Target: 75.10 – 75.50
SL: 73.20

Careful, oil is volatile, don’t risk too much!

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