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Bullish Backdrop Remains Despite Weekly Drop

February 09, 2019 at 08:00AM

Crude remains above the technically significant $50/bbl while traders are watching a bullish chart pattern and a potential larger supply disruption in Venezuela than previously feared that could support price.

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From:
Tyler Yell, CMT https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2019/02/09/Bullish-Backdrop-Remains-Despite-Weekly-Drop_Copy_1.html
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