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Oil is threatening last week's lows

Discussion in 'Technical Analysis' started by ForexLive, Aug 30, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Early gains in oil have reversed into a rout Keep an eye on the $46.42 level in WTI crude, it's under pressure as oil slides. A break doesn't leave much in the way of support until the 100-day moving average at $45.76.

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