Crude oil price influence through Inventory economic event

TVC:USOIL   CFDs on WTI Crude Oil
Rational of Recommendation: We are expecting crude oil price jump after economic data ( Crude oil Inventory) release in the evening. On basis technical aspect Crude oil trade near 200,100 Exponential Moving Average and took support at bottom of the channel line.
Recommendation: BUY CRUDE OIL ABOVE 58.45 TARGET 58.80 59.45 SL BELOW 58.12


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