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Crude Finds Support within New Uptrend

Crude Finds Support within New Uptrend

Jamie Saettele, CMT, Sr. Technical Strategist


Crude Finds Support within New Uptrend

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-Most recent remarks were that “given failure at the 200 day average, crude might slip a little lower but be aware of 45.32/76 as support.” Today’s (10/15) low was 45.21. In line with the broad shift in commodities and the US Dollar, look higher.

For more analysis and trade setups, visit SB Trade Desk

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.