The downtrend may be expected to continue in case the market drops below support level 55.41, which will be followed by reaching support level 54.80.
WTI Crude oil, Monday forecast, September 30
The downtrend may be expected to continue in case the market drops below support level 55.41, which will be followed by reaching support level 54.80. An uptrend will start as soon, as the crude oil rises above resistance level 55.94, which will be followed by moving up to resistance level 56.65.
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