FX:USOIL   CFDs on Crude Oil (WTI)
13 0 0
Adding to the bearish trend , we can see a distinct descending triangle forming on the 4 hour chart. As we know $80 is only a psychological barrier. The fact that the highs are getting lower indicates that the most likely scenario is that the support will be broken. If it does break through, the next support after that is at 69.50
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