Update: Crude oil retests

Economies.com
2017-01-11 15:55PM UTC

Crude oil price trades with clear positivity now to star retesting the key resistance 51.70 now, reminding you that it is important to monitor the price at this level, as holding below it represents the key to continue the negative pressure that dominates trading since the beginning of this week, while breaching it and closing the daily candlestick above it will lead the price to rally towards 55.27 initially, followed by opening the way to regain the main bullish trend.

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