Crude Oil: Expected to trade below 68

In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness is very likely. For the time being, the pair lies in an upside trend since June 2017. Support lies at 42.20 (16/11/2016) while resistance is located at 77.83 (20/11/2014). Crude oil is trading …

The post <b>Crude Oil</b>: Expected to trade below 68 appeared first on crude-oil.news.