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EXPECT USOIL TO RETRACE TO USD41 BEFORE BOUNCING TO USD43.5

USOIL BROKE THE FUNNEL AND DROPPED TO USD40 DUE TO CONCERN WITH THE CORONAVIRUS AND THE EFFECT ON CONSUMPTION. EXPECT THE SHORT RETRACE TO USD41 BEFORE EVENTUAL ATTEMPT TO BREAK USD43.
Chart PatternsTrend AnalysisCrude Oil WTIusoilshort

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