Will the oil downward trend stop soon? Weak chances

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For sure the most interesting subject these days is the evolution of oil. We noticed how the WTI price was stoutly attracted by the round level of 50 dollars per barrel and even breaking it down to 47.50 dollars. Technically speaking, there are no significant correction signals highlighted in the chart so we have to be attentive to the retesting of the 47 and 46 support levels. Even more interesti...

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