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Tuesday, March 17, 2020

OIL

Oil continues to struggle as investors are seeing every rebound as a good time to sell. After the price managed to recover $30, it fell again this morning as gains on stock markets began to slow down. Volatility is dominating this bearish scenario, with a first support level at $28 and a second barrier placed at $28.50, while the first significant resistance is located at $31.50.

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