May 1, 2017

CRUDE Oil Testing Daily Trend line

  • Crude oil daily is testing the trend line once again. Most of the recent test of the trend line has worked in favour of Crude bulls. 
  • the support zone between 47 and 48 is crucial. If that level breaks then the trend line is not effective any more. If it holds another up swing towards 52 and 53 levels is possible.

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