The downtrend may be expected to continue, while crude oil is trading below resistance level 56.65, which will be followed by reaching support level 55.41 and after 54.93.
WTI Crude oil, Friday forecast, October 25
The downtrend may be expected to continue, while crude oil is trading below resistance level 56.65, which will be followed by reaching support level 55.41 and after 54.93. The uptrend may be expected to continue in case the market rises above resistance level 56.65, which will be followed by reaching resistance level 57.50.
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