BluetonaFX - USOIL 08/06/2023 Price Action Analysis Update

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Hi Traders!

PLEASE SEE LINK TO ORIGINAL IDEA BELOW. 

Our USOIL range zone from last week worked to perfection and fulfilled our range idea.

The range zone support level of 66.88 was hit, and the market has bounced off the level exactly.

We now need to wait and see if the range zone will continue. That being said, we strongly recommend traders to take caution with their positions, as we have the Federal Reserve's interest rate announcement and decision tomorrow.

Please do not forget to support us by liking, following, and commenting on our posts as this helps us greatly.

Thank you for your support.

BluetonaFX

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