Daniel_Urdaneta

We are selling short oil (thru USO) to hedge oil-correlated pos

Short
FX:USOIL   CFDs on Crude Oil (WTI)
1
Notes on chart. Fundamentals on oil are terrible and high 61s was a big resistance line. The uptrend was lost last friday (in our view).
Targets based on pivot points.

DXY strength crucial to bring this down..


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