Oil cut through support levels Wednesday, why the fall could continue

WTI crude crumbled after EIA inventory data

triggered a rapid selloff in oil.
High US stockpiles of crude
WTI is down $1.63 to $44.71 today in the worst percentage drop since Aug 1. What was instructive was how easily it cut through the 21, 55 and 100…The post Oil cut through support levels Wednesday, why the fall could continue appeared first on Forex news – Iqoption – Binary options.
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