SIGNAL TERMINATION – HEATING OIL SHORT – CANCEL
Analysts are leaving the lost analysis of a drop in the price of heating oil. Today’s price increase is a confirmation of the negative development.
ORIGINAL TEXT: Heating Oil Short. Fuel oil remains in the consolidation range of 1.11-1.3 on the daily chart. The current break in the support level can lead to further declines. The current situation in oil and gas reserves supports this fundamental assumption. The exchange rate potential is several tens of percent.
Graph source: WebTrader