- Crude oil daily chart shows price testing 20 Day SMA Which may continue to act as resistance level.
- 4 Hour chart shows 80 levels as previous support which was broken and may act as crucial resistance if price moves up again. Bigger up move possible only if price is able to get back above this zone.
- Weekly chart continues to test crucial support zone. Weekly candles yet to show signs of reversal.
November 25, 2014
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