Oil drops by nearly 4% on firmer dollar, softer risk tones
Summary
By sueyangfx.com March 23, 2021 at 10:07AM Oil down by 3.9% on the day to $59.15 The drop today sees oil fall by 4% after price failed to push back above the broken trendline support (now turned resistance) @ $61.97. […]
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March 23, 2021 at 10:07AM
Oil down by 3.9% on the day to $59.15
The drop today sees oil fall by 4% after price failed to push back above the broken trendline support (now turned resistance) @ $61.97. This puts the focus back on the 19 February low @ $58.59 once again, which held the drop last week.