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In - depth: USOIL 1 - hr Chart - Significance of 60.00 Support

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In the USOIL 1 - hour chart, 60.00 acts as a strong support 💪.

Support Validation
The price twice failed to break 60.00 and rebounded 📈. Psychologically, investors see 60.00 as a key level 🔑. Approaching it, buy orders pour in as they think crude oil is undervalued 📉. Technically, it's on a support line from prior lows, and repeated tests have fortified its support 🛡️.


⚡️⚡️⚡️ USOil ⚡️⚡️⚡️

🚀 Buy@ 60.00 - 60.60
🚀 TP 62.50 - 62.80

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Сделка активна
The price twice failed to break 60.00 and rebounded,Psychologically, investors see 60.00 as a key level,Let's look forward to Monday!

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