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US Oil falls
US Oil is now falling on the production level news reported earlier here.
I typed up a trade primer for oil production news earlier this am. See here where I wrote:
The time that the repairs would take is the obvious prices shifter in oil prices.
Quick repairs: lower oil prices. Slow repairs: higher oil prices
So, watch out for further info on the timings of repairs for tradeable sentiment oil price shift
US Oil now at 57.60 tripping stops on the way through recent intraday resistance.
This article was originally published by Forexlive.com. Read the original article here.