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Orion-Markets
Sep 10, 2019 10:08 AM
WTI approaches 12 month resistance area
Short
TVC:USOIL
1D
WTI CRUDE OIL
TVC
Description
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Sep 10, 2019 10:08 AM
WTI is approaching resistance around 59.00 after OPEC cut production, a key horizontal and trend line support in place from October 2018. With indicators suggesting an overbought market, we are looking for potential sell entries.
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