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KENJICHEN

0220-USOIL Analysis

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
KENJICHEN  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Trend Lines Support and Resistance Crude Oil WTI usoillong oiltrading
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trendanalysis trendline supportandresistance usoil usoillong oiltrading
snapshot

USOIL
Oil still health in the way to rise to 57.46, weak dollar and oil stock reduce concern made oil got more momentum to push up.

So, we better long oil before EIA data coming, then anticipate oil to test 57.46 resistance.

-Buy limit 56.17 / SL 55.87 / TP 56.85, 57.42

Support: 55.43 / 55.67 / 56.17

Resistance: 56.84 / 57.46
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