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Crude Oil






8/7/2020 1:08:57 AM

Crude Oil - Technical Analysis: Friday, 07/08/2020 05:08 GMT



Crude oil price surpassed 61.8% Fibonacci correction level and builds support base above it, to head for more expected rise in the coming period.

The exponential moving averages 50 and 100 support the bullish trend, besides stochastic move inside the oversold areas.


Target
Risk


Support
Resistance


Trend Bullish

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