FX:USOIL   CFDs on Crude Oil (WTI)
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If we look at the retrace on weekly ( beginning of March ), we can see that it actually never closed below any 50% bearish level. Price now has strong resistance areas ahead, but if the Daily follows Weekly, we could see price move even higher ( & plus consider the whole Crimea geopolitical situation ). The seasonality usually says Oil             price will decline around this time of the year. We will see, I am more inclined to say bullish .
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