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TimZhang
Jun 25, 2016 2:16 PM

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

Crude Oil (WTI)FXCM

Description

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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