Crude Oil price was rejected from weekly support level of 48.21 as long the price of crude oil is above that level of the weekly support level we expect the price to moving uptrend.
on the daily chart crude oil form a rejection candle on suport level of 48.25 and was rejected from dynamic support level on the daily chart. we expect strong uptrend from that level with the move to nearest resistance level of 50.41 break of that resistance level will trigger fresh uptrend.
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Crude Oil Technical Analysis
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