Oil is currently sitting on support.
If it breaks, we might retest the 200 week moving average.
While it is not very likely we will break it due to slowly recovering oil demand, there is a lot of room to fall if we do break it, at least according to TA.
If it breaks, we might retest the 200 week moving average.
While it is not very likely we will break it due to slowly recovering oil demand, there is a lot of room to fall if we do break it, at least according to TA.
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:) ?