TimZhang

still in the same trading range 46-50 with 49 pivot

FX:USOIL   CFDs on Crude Oil (WTI)
2
From oil weekly, after touched RSI upper target line, start to consolidate, broke the support line, now with 46 major support and the previous trend-line the resistance. $49 is the POC This is a trading range play at higher prices, which means if 46 break, it could fall to the middle area which is 40-44.
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