In the midst of a turbulent global economy and in the face of a worldwide recession scenario; light crude oil is testing the bullish trend.
Technically, it is supported by the 200-period moving average, while testing a very strong support located between 95 and 88 USD.
The first key is not to lose 90.
ETHUSD par is at a critical stage to move towards a new bullish trend.
The .382 fibonacci retracement was successfully overcome, i.e. the bearish trend is weaker right now.
Next big step is break the 200 periods moving average with over mean volume.
The key these days is not to lose 3300 level.
