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derzzycharts

OIL failing at resistance

Short
Crude Oil (CURRENCYCOM:OIL_CRUDE)  
derzzycharts  
CURRENCYCOM:OIL_CRUDE   Crude Oil
Trend Analysis
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trendanalysis
Betting on a continuation of dollar strength, we should see oil sell off as well. Resistance going all the way back to Feb 2022 will be difficult to break through.

I predict to see oil fail around the resistance zone and head to the target displayed on the chart.

Invalidated if we break through the resistance zone.
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