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RobertSoos

Strong bullish momentum in oil market

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
RobertSoos  
FX:USOIL   CFDs on Crude Oil (WTI)
Crude Oil WTI Fundamental Analysis USD Fibonacci Exponential Moving Average (EMA)
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crudeoil wti fundamental usd fibonacci ema
US oil output in decline, rig count data dropped below 500; these are the two main fundamental drivers of WTI crude oil. I expect to see profit taking in oil longs around the 41-42.50 levels.

In FX watch out for CAD and NOK directions.
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