Chart of The Day $OIL 11-30-2016

On the Oil daily chart we can see that the pair is rejected again from 47 level and now need a close below 45 level for extended continuation downside. With the OPEC meeting ahead we will probably see a break of 45-48 range. For upside continuation it needs to close above 49.200.

Happy trading! (click on the chart to enlarge it)


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