I have observed double top patterned is formed in daily chart. I have also drawn regression line into it. Based on both technical analysis, short term move upto USD 89 per barrel can be expected.
This move is for short term. We can expect fall within 1-2 days.
This move is for short term. We can expect fall within 1-2 days.
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Currently crude is at 85 USD per barrel. It is good to book the profit.