Crude Oil - Long

Crude Oil has been trading in a range with a high at 84.30 and a low at 72.53. Price recently bounced from its lower band at 72.53 and currently trading higher. The Stochastic oscillator formed a bullish crossover at its oversold level indicating a further upside move, with the next probable target at its recent high of 80.24.
Technical IndicatorsTrend Analysis

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