Crude is testing a good long term support reference at 55.80 areas, if we break through we are in for a swift test of 55.2 and 54.90. thesis invalidated on hold above 56.20 areas
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We did the 55.20 areas and have pulled back now. Now a hold above the 56.20 areas is a bullish intermediate trend further confirmation will be a hold into the 56.70 areas the next resistance areas.