REDATOR Ben Graham Posted yesterday at 05:13 REDATOR Report Share Posted yesterday at 05:13 [Crude Oil] With all technical conditions supporting its strength, then Crude Oil has the potential today to strengthen toward its nearest resistance level. Key Levels1. Resistance. 2 : 68.152. Resistance. 1 : 67.223. Pivot : 66.334. Support. 1 : 65.405. Support. 2 : 64.51Tactical ScenarioPositive Reaction Zone: If the price holds at 66.33, there is a chance #CL will rise toward 67.22.Momentum Extension Bias: If 67.22 is broken to the upside, #CL could continue its advance to 68.15.Invalidation Level / Bias RevisionThe upside bias weakens if #CL falls and closes below 64.51.Technical Summary EMA(50) : 66.31EMA(200): 65.54RSI(14) : 57.43Economic News Release Agenda:Tonight the United States will release the following economic data:US - ADP Weekly Employment Change - TentativeUS - HPI m/m -21:00 WIBUS - S&P/CS Composite-20 HPI y/y - 21:00 WIBUS - CB Consumer Confidence - 22:00 WIBUS - Richmond Manufacturing Index - 22:00 WIBUS - Final Wholesale Inventories m/m - 22:00 WIBUS - API Weekly Statistical Bulletin - 04:30 WIBThe material has been provided by InstaForex Company - www.instaforex.com Visitante_1eae0733 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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