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Wti rally 3$

Wti rallied almost 8% in the last 2 hours reversing from daily low at 44.60$ to 47.50$ area. According to below chart, the gap down has been closed and it is currently trading shy above 200 MOVING Average. And on RSI , it is testing the 70 mark which is near overbought level , the rally may fade soon and we keep trading waters between 46 and 47$ for a while.



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