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US Oil through 68.8060322580645. Is this a confirming a breakout? Will it continue its path in the current trend toward 71.0274?

US Oil moved through the resistance line of a Double Bottom at 68.8060322580645 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 71.0274.

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We expect USDCHF to trend downwards right now.

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If you’re short XOM you should be aware that 112.4750 has just been breached – a level tested 3 time in the past

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