Crude Oil: Finding support of an uptrend line.

June 22 , 2018

 

By looking at the daily chart we can see that black gold is providing us choppy sessions as it is finding support of an uptrend line. Earlier crude oil has made high of $72.87 level due to Venezuela factor and supply interruption but when the decision of rate hike declared it slipped to $64 level where the mentioned uptrend line was lying as it is a vital support level.

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