Oil Technical Analysis: Corrective rally could be in the offing

Hourly chart Current Price: $74.25 Daily High: $74.46 Daily Low: $73.49 Trend: Bullish Resistance R1: $74.46 (Asian session high) R2: $75.26
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US dollar: Risks further upside as valuation aren’t stretched – HSBC

In its latest client note, analysts at HSBC forecasts the US dollar rally to continue on the back of Fed’s interest rate outlook for this year. Key P
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