The downtrend may be expected to continue, while crude oil is trading below resistance level 62.65, which will be followed by reaching support level 61.45.
WTI Crude oil, Tuesday forecast, September 17
The downtrend may be expected to continue, while crude oil is trading below resistance level 62.65, which will be followed by reaching support level 61.45 and if it keeps on moving down below that level, we may expect the pair to reach support level 60.24. An uptrend is not expected today.
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