Light Crude Oil prices plunged below 50 yesterday as supply continues to remain in excess
Light Crude Oil prices draw near Fibonacci Retracement 61.8% at 47.24 where traders await for exhaustion of the bearish trend
Crude Oil surges higher, climbing above 60.00.
Crude Oil trades under pressure, plunging to YTD low.
Light Crude Oil rebounds after finding exhaustion at 44.61 support at Fibonacci extension 127.2% and seeks to retrace before it continues on its bearish move.
Light Crude Oil prices rebounds after finding resistance at 55 EMA an is expected to continue falling next week