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tranvanloc
Dec 3, 2023 4:02 PM

USOIL continues to decline to $70 Short

TVC:USOIL1D
WTI CRUDE OILTVC

Description

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Oil continues to decline after retesting resistance at 79. The next target is 70. Amid a gloomy economic backdrop, fuel demand is falling. The chart clearly shows that the price is heading towards the bottom zone.

Trade closed: target reached

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