AndreGreenBsc

Crude Prices to test resistance

NYMEX:CL1!   Light Crude Oil Futures
Crude Oil Price in a zone of support set by a resistance and a fibonacci level. Oil prices have been driven lower due to China shut down, slower economic growth, and rising rates. However U.S. Strategic Petroleum Reserve have been at multi year low and should more negative data be released on Wednesday it may push the crude prices to the upside.
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