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848evo
Jun 6, 2016 12:35 PM

USOIL Short Trade Short

Crude Oil (WTI)FXCM

Description

PA is slowly moving up to re-test previous highs, but we are about to run into a lot of key resistance levels. I'm expecting a potential bounce at around the 50.15 level, but a much more likely bounce off the 50.85 level. Depending on the power of the bounce, I could see a potential drop down to near 47.45 to test prior lows.
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