Daily Bars
Prepared by Jamie Saettele
The break below 88.18 brings an end to the series of higher pivot lows
and crude has now broken below trendline support. The next downside
levels are 84.41 (pivot low in November) another trendline and 81.91
(November low). 87.27, 87.85, and 88.23 are now resistance areas.
DailyFX provides forex news on the economic reports and political
events that influence the currency market.
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FXCM.
Source: Dailyfx.com
READ MORE - Crude Breaks Trendline Support
Prepared by Jamie Saettele
The break below 88.18 brings an end to the series of higher pivot lows
and crude has now broken below trendline support. The next downside
levels are 84.41 (pivot low in November) another trendline and 81.91
(November low). 87.27, 87.85, and 88.23 are now resistance areas.
DailyFX provides forex news on the economic reports and political
events that influence the currency market.
Learn currency trading with a free practice account and charts from
FXCM.
Source: Dailyfx.com
