TONYCUE

UKOIL, possible resistance and support

FX:UKOIL   Crude Oil (Brent)
BTW             , API Reports 12.1 Million Barrel Draw of US Crude Oil             Inventories earlier today. Also there is EIA             report coming tomorrow morning 11:00AM New York time. Oil             is still bearish in the big picture as long as it's below $51.20. GL
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