Crude - Wedge breakout
Today with Saudi increasing prices to Asiam shipments for July crude could break out of the wedge once its markets open on Monday. If that happens crude could once again attempt to reach its recently made highs (where it could once again face a lot of resistance or one sided momentum).
Watch this space as this migth decide the inflation going forward and how our markets move.
Watch this space as this migth decide the inflation going forward and how our markets move.
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