The Crude Oil market has remained buoyant after bouncing up the from key support level down near 56.45 recently. Notice that price is grinding higher and appears to be forming some bullish momentum after that last bounce from 56.45 support. If price can breakout decisively and close above 61.80 key resistance we could see a larger push higher in the coming days.
Post by Nial Fuller, founder of learntotradethemarket.com
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