Crude Nears Range Highs; Watch 58.00/60 for Support
Chart Prepared by Jamie Saettele, CMT
-Crude has turned up sharply but does face the combination of a median line (although bullish) and longer term trendline (bearish) just above the current level. A pullback could test 58.00/60 as support. A break above the mentioned confluence would target a range expansion at 68.61.
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