USOIL daily - rising wedge exhausting - 5/27/2016

Crude Oil (WTI)FXCM

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⋅ 27 Th05 2016 16:12

Watch red lines for supports, but the wedge is exhausting. Even without a breakout, in extreme case, it can still push the price to $53 level.

If it falls out of the wedge, a correction is likely.

Crude Oil WTI

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