eacemi
Short

Crude Oil Technical Correction continues

TVC:USOIL   CFDs on WTI Crude Oil
Crude Oil             is testing the lower border of the cloud and below EMA 50.

64.50 is the Fibonacci Expansion 61.80%. RSI is bearish .

An H1 closing below the current level ( 64.75 ) will carry the price 64.50 and 64.06.

64.06 is our main support of today. Break below 64.06 may cause deeper pullbacks towards 63.28 and 62.50. ( We will also focus on the breakout of the red trend line )

If Crude Oil             makes H1 closings above 65 USD, the direction will turn north towards 65.60 and 66.40.
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