The Oil-Dollar pair skyrocketed 3.8%

By X-blogger - on June 11, 2024

Oil prices climbed about 3% to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger U.S. dollar and expectations the U.S. Federal Reserve will leave interest rates higher for longer.

The Oil-Dollar pair skyrocketed 3.8% in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 75.261 | Resistance: 75.761

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