USD Trading Outlook (15-12-2015)

 

OIL

Pivot: 35.6

Our preference: short positions below 35.6 with targets @ 33.95 & 33.5 in extension.

Alternative scenario: above 35.6 look for further upside with 36.4 & 36.9 as targets.

Comment: the RSI is bearish and calls for further downside.

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