Crude Oil - Technical Analysis: Tuesday, 28/06/2017 03:36 GMT
Crude oil price confirmed its exit from the descending channel, to build intraday ascending channel that helps the price to achieve more expected rise in the coming period, heading towards achieving positive targets that reach to 46.70 mainly.
On the other hand, it is important to note that breaking 43.00 will push the price to return to the main descending channel and stop the expected bullish trend.
Trend
Bullish