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chartwatchers

OIL - 50 EMA is the key

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
chartwatchers Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
19
14
We are getting near to the daily cycle low.
RSI has reached overbought territory
I think we want to tag the 50 EMA and the rally can start again to new highs.
Comment:
RSI is in oversold territory.
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