hello traders here is possible buy set up for USOIL!
Optimism on improving demand appears to be the main driver for the rise in oil prices
at the moment after New York Fed Bank President "John "Williams signaled the U.S. economy is poised to grow at its fastest rate in decades
alseo we have A weaker dollar, hit by an unexpected slowdown in U.S. manufacturing growth,
which helped shore up oil prices on Tuesday. The lower dollar makes oil more attractive to buyers holding other currencies.
In India, the total number of infections so far rose to just short of 20 million, propelled by a 12th straight day of more than 300,000 new cases which is expected to hit fuel demand in the world’s most populous country after China.
Optimism on improving demand appears to be the main driver for the rise in oil prices
at the moment after New York Fed Bank President "John "Williams signaled the U.S. economy is poised to grow at its fastest rate in decades
alseo we have A weaker dollar, hit by an unexpected slowdown in U.S. manufacturing growth,
which helped shore up oil prices on Tuesday. The lower dollar makes oil more attractive to buyers holding other currencies.
In India, the total number of infections so far rose to just short of 20 million, propelled by a 12th straight day of more than 300,000 new cases which is expected to hit fuel demand in the world’s most populous country after China.
