FX & CFD trading involves significant risk
As earlier happenes, this time oil failed to sustain a move above the 38.2% Fibonacci (of $114.83/89.61). Also initial resistance at $99.24 on Thursday). Initial support around $95.56-96.01 (23.6% Fibonacci, the 21-DMA and a supp line from Jun 27). Further support seen at $94.96 (200-DMA).
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