haug01

USOIL has broken its downtrend line

Long
haug01 Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
After a sustained drop, USOIL is now favorable on technical analysis.
Comment:
Upward resistance tested twice at 41.0 and downward support at 45.5. Trade with caution on a dip. I took a tiny profit and am out for now. I have to go to work. USOIL may fall if the US markets fall.
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