BDSwiss_Academy

USOIL coming back? 13.04.2023

Short
TVC:USOIL   CFDs on WTI Crude Oil
USOIL has been moving upwards lately. The CPI figures released yesterday
have been pushing it further upwards.

However there are resistance signals that the rapid movement has ended and that
a retracement is taking place. As per the arrow back to 61.8%. The Fibo tool is also inline with the expectations.

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