Melvyn

USOIL - Buy Setup

Long
FX:USOIL   CFDs on Crude Oil (WTI)
Howdie, the USOIL is progressively making series of lower highs and are heading towards a strong support level ranging from 50.50-51.00 in which 51.00 is a round number. Hence, I do believe that the market would at least show some respect to this level of support.
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