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Crude Oil Price Outlook – Staying the Course


WTI crude oil continues to behave well within the confines of an upward channel. There is a top-side slope to watch and some levels from years prior, but as long as price stays above the lower parallel of the channel and the most recent low at 80.58 the outlook will remain intact.

For the full set of details, please check out the video above…

Crude Oil (CL1!) Daily Chart

crude oil daily chart

WTI Crude Oil Chart by TradingView

Resources for Forex Traders

Whether you are a new or experienced trader, we have several resources available to help you; indicator for tracking trader sentiment, quarterly trading forecasts, analytical and educational webinars held daily, trading guides to help you improve trading performance, and one specifically for those who are new to forex.

—Written by Paul Robinson, Market Analyst

You can follow Paul on Twitter at @PaulRobinsonFX





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