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Crude Back at $50 as Traders Anticipate Sharp Draw in US Stocks

Discussion in 'Technical Analysis' started by Kaitlin, Jun 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Oil prices are little-changed at the time of this writing after they snapped back into the positive territory and above $50 a barrel late in the day yesterday. Both oil contracts were lower in the first half of yesterday's session. This was possibly due to a rebounding US dollar and[​IMG]

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