Crude oil price resumes its negative trading to attack the key support 51.60 and moves below it now, which urges caution from the upcoming trading, as holding below this level represents negative factor that will push the price to suffer more losses in the upcoming period and open the way to head towards 48.37 as a next main station.
Therefore, it is important to monitor the daily candlestick close according to 51.60 level to confirm the next destination clearly.