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Anticipate Market Trends. Make More Profitable Trades. Get Daily Forex Research & Technical Analysis Trusted By Thousands of Traders.Crude Oil (Futures)-While Crude Oil is up for the six consecutive days after printing its highest price in its chart history on Tuesday, its psychologically important level now beckons at $90.With a turn off its lows at $79.45/15 and a push through its weekly rising channel, Crude Oil remains supported by its Sept 28’07 high/top of the broken channel at $84.74/$83.75 on any pullback from its current levels. This scenario remains corrective of its bullish medium and longer term outlook. Beyond the $90 level will open the door for a run at its 1.618 Ret(Monthly chart) at $96.47 and then the $100 level, its big psycho levels. Crude Oil is up 6.88% for the month and 43.61% for the year. Its upside gains continue to be supported by its daily and weekly RSI which are trending higher though in an overbought territory.







