FX:USOIL   CFDs on Crude Oil (WTI)
42 0 13
reversal point is at 486.7.

Our preference: BUY above 486.7 with targets at 50 and 50.8.

Alternative scenario: A break-down level of 48.67 will open the way to 47.8 and 46.9.

Analysis: RSI mixed rather bullish .
was not able to close above resistance and fell sharply. To confirm further rise need close above resistance
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