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Oil : I believe the low would be pierced

Oil : I believe the low would be pierced

Crude Oil WTI NYMEX:CL2!

Oil once back the downtrend and retest the low at 44.36

This support is very strong, Oil bounced back strongly from this low 3 times; however, I believe Oil has no energy to hold this support anymore, and the breakout is absolutely happens.

I expect Oil reaches to 40 incoming weeks