Monday’s Technical Analysis: Crude Oil (OIL) Crude Oil (OIL) prices bounced as expected, with buyers now consolidating positions below the February swing high. From here, a break below channel support at 60.50 exposes Resistance-turned-Support at 58.17. Alternatively, a close above the February 17 high at 62.98 exposes the 38.2% Fibo expansion at 64.58. Trade in Global Markets with […]
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