CRUDE facing resistance
Crude Oil futures appear to be facing some resistance about 100.
It is clear that the 95 support level has been holding well, especially when the weekly 55EMA meets price at the bottom of the triangle.
Daily chart tested 100 resistance to fail but technical indicators suggest that there should be more breakouts but not before some more consolidation.
Wait for it.
It is clear that the 95 support level has been holding well, especially when the weekly 55EMA meets price at the bottom of the triangle.
Daily chart tested 100 resistance to fail but technical indicators suggest that there should be more breakouts but not before some more consolidation.
Wait for it.
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