USOIL - 350 Pips + Opportunity

USOil has broken it's 200 ema on the 4 hour chart and prices jumped up.

If it does find support at current levels, we can expect USOil to rise even further anywhere till 73-74.

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We can expect a dip to happen back to the 68.5 area as it not able to break through up higher.

This position is closed until furhter confirmation of the upward movement.