The uptrend may be expected to continue, while crude oil is trading above support level 52.57, which will be followed by reaching resistance level 53.74 - 54.06.
WTI Crude oil, Thursday forecast, October 17
The uptrend may be expected to continue, while crude oil is trading above support level 52.57, which will be followed by reaching resistance level 53.74 - 54.06. A downtrend will start as soon, as crude oil drops below support level 52.30, which will be followed by moving down to support level 51.38.
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