FxWirePro
Short

Crude oil is trading near trend line support ,targets 57.9

NYMEX:CL1!   Light Crude Oil Futures
309 0 2
Crude oil             is trading near major trend line support and any break below will confirm further weakness ,a decline till 57.90 cannot be ruled out.

Short term bullishness only above 60.25 and break could extend gains till 60.85/61.85 in short term.

It is good to sell on rallies around 59.75 with stop around 60.26 for the target of 57.95
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