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FX.co ★ Technical analysis of crude oil for July 18, 2018

Technical analysis of crude oil for July 18, 2018

Technical analysis of crude oil for July 18, 2018

As seen on the daily chart, crude oil is still moving in the upward sloping channel, but now it has a correction to test the level 66.64. Unless the price breaks out and closes bellow 61.90, there is higher probability for #CL to go up again at least to the MA 21.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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