Crude Oil – Former Resistance Line Still of Interest for Support
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-No change to crude oil comments. “Crude has broken out ‘decisively’ but New Year and new fear. The fear is that the breakout fails, at least temporarily, given the violent reversal today (1/3). Watch for support near 49.”
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