FEDS open federal land for oil exploration LONG SETUP USOUSD

18 Agu 2022USOUSD

With the news catalyst of massive new open leases on federal land for USOIL

and the big oil companies USOUSD has reacted with a big uptrend.

with major resistance 3 to 4 percent higher this may continue.

This seems to be a good setup for a swing long trade on USOUSD

and potentially any of the big oil stocks.