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US Oil Critical Area

Short
TVC:USOIL   CFDs on WTI Crude Oil
US Oil is at a critical level. This area has acted as support multiple times previously and it is now the 0.618 extension of downward move's Fib extension as well. An exhaustion pattern can be seen in recent months' price action so it seems like a move downward might be more possible. If indeed the price finally moves down the next target level would be 33.70
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