CL's current support area lies on 82.31 - 81.50 , which consider a stop loss, as the breakout of it will turn the trend to downtrend with lower targets near to 79.34 - 77.60$
Crude oil need to break 85.60$ to above, to cancel the mentioned negative scenario, and trigger it to target higher levels near to 88.19 - 90.78$
Crude oil need to break 85.60$ to above, to cancel the mentioned negative scenario, and trigger it to target higher levels near to 88.19 - 90.78$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.