Long WTI up to USD50

FX:USOIL   CFDs on Crude Oil (WTI)
23 0 1
With today rise, WTI leaves a large white candle and the potential for a boost to USD48 and USD50. New support for the upward movement is located in the USD44.80, Breaking down this level it implies that the bullish move fails. The medium trend remains bullish after the rebound in the 61.8 % retracement of the previous rally. Support for this movement was the USD42,70.

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