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After testing 70.0890 numerous times, US Oil is once again approaching this price point. Can we expect a bearish trend to follow?

US Oil is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 70.0890, unless it runs out of momentum and pulls back to current levels.

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Because META formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower

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