$50 isn't in the technical level to watch for oil via ForexLive

WTI breaks $50 to highest since October The break of $50 is a milestone for oil bulls but it's not a technical turning point. Three days of gains have pushed oil to the best intraday level since October 12 but it's the Oct 9 intraday high of $50.92 that's the level to watch.

posted via ForexLive

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