With news out this morning confirming the previous cutting confirming the presence of oil it gives a chance to run up and fill the gap to up to 3.10.
Additionally we have been trading in the Fibonacci bank 0-23.6%, opening up higher this morning could also signal a run up to 3.28, retracing to the 61.8% level and in doing so also filling the gap
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.