USOIL approaching Support Area; Possibility of a Bounce

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A series of risk-off events and equity sell-off has lead to a crash in Oil Prices.
However, price is gradually approaching a support area from where we could see a decent bounce to the upside.

The area between 40-45 is where ta bounce can happen. So, traders can look for long entries provided they see the stock market bouncing back.

Feragatname

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