24 February 2015 - During the trading hours yesterday, the April Crude Oil futures lowered their value from 51.20 USD to 48.85 USD per barrel. This morning they are trading at 49.05-50.00 USD.
According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 49.90-51.00 USD, the aim will be reaching and testing the zone 51.85-53.15 USD. If it is successful, the upward trend will continue to 54.30-54.85 USD. If the Crude Oil futures drop below the support levels at 48.85-48.20 USD, they will try to find a next support at 47.10-46.25 USD. In case of breaking down, the downward trend will continue to 45.40-44.60 USD.
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