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The weekly oil chart points to more volatility ahead: Five reasons for caution

Oil is near the lows of the day, down 96-cents but still has some breathing room in what looks like it will be another weekly close above $90.Still, it feels like something of a loss for the bulls, or at least a loss of momentum. We touched $95 early on Thursday before giving back more than $4 and are on track to finish flat on the week.That, combined with the early-week selling paints a prominent doji star on the weekly chart. That's a bit of a red flag about the potential for a reversal and al...
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Posted: Sep 29 2023, 18:30
Author Name: forexlive
Views: 083065