- Crude oil weekly chart with the fall from 147.90 to 33.19 levels.
- Price has retraced till the Golden ratio(61.8%).
- For price to move up it should break this level. 78.6% is at 123 levels.
- Price should sustain above 61.8% for moving towards 123 levels. Getting resisted here will be negative for Crude Oil.
March 2, 2011
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