alleytrader

oil, cl, day trading for Aug 22nd

FX:USOIL   CFDs on Crude Oil (WTI)
Oil is in a big range between 55.20 and 56.50 and has no real direction until it breaks free of this area. however a move below 56 could see a nice trade down to the lower boundary. there is not much meat on the bone for the long side until it breaks out of this range or revisits the bottom of the range
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