As a matter of fact, IRAN oil is not sumthing tht is coming tmrw or nxt week or nxt month..Oil sanctions are still there..Moreover Saudis are not happy wid the deal and they may hold back their oil in order to check the prices..
In anycase I ll stick to charts whch is showing sum consolidation here albeit a bit volatile...I m watching 92.40 v closely..if broken one can anytime reverse position to make a killing on downside..if at all it isbroken,,..