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Oil is correcting 0.2% on Monday after closing almost 2% higher on Friday and peaking at 3.4%. WTI’s high of $80.3, last seen in November 2023, and a consolidation above $79 would indicate a break of long-term horizontal resistance, something the bulls have failed to do over the past four months. Friday’s rally allowed a […]

The post Did Oil Find Its Way Up? appeared first on Action Forex.

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