October 19, 2011

CRUDE OIL Resistance levels

  • Crude oil daily chart with resistance levels.
  • Price has broken above the resistance line from 114 through 100 levels.
  • Now the immediate resistance levels are 89.60 and 90.51. Daily candles closing above these levels may give an up move for crude oil.
  • Getting resisted here will be negative for Crude Oil.

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