Last Updated Date: 23 April 2021 @ 10:00 AM (UTC)
*Please note that all the dates are in GMT time zone
The Crude Oil market is bearish still with a downside breakout likely sending trade to attack a 59.72 low. A close under 59.72 is bearish ⇒ 57.40. Current corrective rebounds trapped by 62.30 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 62.70 confirms the start of a reversing upturn.