- Crude oil 4 hour chart shows price violating support lines.
- Price staying below 200 Period SMA will add more strength for crude oil bulls.
- If bulls cannot take price above 200 SMA then correction may extend towards 50.55 and 49.75 levels. So this is a crucial level for crude oil bulls to defend.
- GOLD Trend Update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 10, 2017
CRUDE Oil Violating support levels
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