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WTI Crude Oil Fails To Breakout Off Resistance

Apr 7 2020, 05:05 PM (BDT) |

wti crude oil

Oil prices continue to maintain a strong gain, building upon the momentum over the past few sessions.

Price action is back to the resistance level of 28.00. Following this, oil prices are slipping back off this level.

In the near term, we expect crude oil to consolidate within the 28.00 and 22.00 region in the short term.

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