How is black gold trading today? What will be moving the crude oil in the near future? All answers for these and other questions you can find in this 29 September Crude oil Technical Analysis from Swissquote.
29 September Crude oil edges higher
• In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness are very likely. Strong support lies at 35.24 (05/04/2016) while resistance can now be found at 55.24 (03/01/2017 high).
This article ‘29 September Crude oil edges higher ‘ was written by Yann Quelenn, Market Analyst at Swissquote.
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