Crude oil broke its life time high and gave closing above it. On weekly charts it moves in an upward channel pattern. Now, 6300 is act as strong support for it, if it able to sustain above this then it may find resistance around upper band of channel i.e. 6700.
Crude oil broke its life time high and gave closing above it. On weekly charts it moves in an upward channel pattern. Now, 6300 is act as strong support for it, if it able to sustain above this then it may find resistance around upper band of channel i.e. 6700.
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