The Crude Oil (WTI) evolved in a bear channel in the last couple of months and on the short term (last couple of weeks) the price formed a bullish channel.
The most important resistances in the next days are the T3 trend line and the $105.30 horizontal level. In case of a break above the T3 line, a retest of it as a support could be seen before the trend resuming. The main target on the short term (less than a month) is at $108.00 level.
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