Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
Real Time Positioning
-Crude focus is higher towards the upper channel line in the upper 50s but there is certainly the chance of some back and fill with price hovering at yearly range highs. In the event of a setback, I’d like to see 51.60s provide support. The noted level was resistance in 2016.