Crude Oil saw an uprise in the prices yesterday, with no such fundamental news, technicals in play.
It seems there is not much support or strength in the rise of the prices, creating a bearish cypher pattern as well.
Currently price just below previous Support now Resistance, touched couple of times.
It appears price may see another down-leg. Let us watch.
It seems there is not much support or strength in the rise of the prices, creating a bearish cypher pattern as well.
Currently price just below previous Support now Resistance, touched couple of times.
It appears price may see another down-leg. Let us watch.