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    USOIL Signal November 10

    As we mentioned at the beginning of the week, the level of 93 is a very important level and there is a high possibility that the price will return from this area. The price has dropped nearly 800 pips from this area and has now entered a base area. If the bottom of the base area is broken at the price of 85.25, we expect the price to drop to the level of 84.70 and 83.90. But if the price breaks the ceiling of the base area and stabilizes at the level of 86, we expect the price to correct to the level of 86.60.

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