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Oil stalls at 50% retracement

Discussion in 'Technical Analysis' started by ForexLive, Oct 29, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Volatile days in crude trading Oil shorts were caught in a nasty squeeze yesterday as crude prices jumped nearly 7%. The downward momentum resumed in Asian and early European trade but as the US came to life a second wave of buying took crude to $46.75.

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