USOIL SHORT FROM RESISTANCE
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Hello,Friends!
USOIL pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 77.43 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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Note
We are seeing a good move already so we will keep the trade running!
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