US Oil May Retest Support at $94.13
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02:44:53 AM UTC
SquawkNews
US oil NYMEX:CL1! is expected to retest support at $94.13 per barrel, a break below which could open the way toward $90.76-$92.70 range.A wave C from $105.03 has briefly travelled below its 76.4% projection level of $94.13. It is highly likely to extend to the 100% level of $90.76.Immediate resista…