CRUDEOIL

Crude Oil 4hr chart has formed “Ascending broadening wedge” pattern. The last few sessions seems consolidated but ended up bullish inside the channel. The market is expected to continue on the same bullish term, testing all the way through $67- 67.50(4260-4291) levels in the upcoming sessions. Alternatively, if market also might have a chance to give some small correction on negative momentum. Major Resistance holds at $67.50(4291) and previous resistance become support at $65(4132).

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