US Crude Oil Technical analysis
A head and shoulder pattern after a significant bullish move signals the completion of the rally.
The price is hovering around its neckline for now.
We expect it to render a bearish breakout and move to support of 60.85 owing to a profit booking rally.
The price is hovering around its neckline for now.
We expect it to render a bearish breakout and move to support of 60.85 owing to a profit booking rally.
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