Retracement in USOIL
Retracement is due with indicators from MACD converging and RSI in overbought territory. Any bearish news would be the catalyst for the downards move before heading back up towards resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.