WTI Crude Oil - Aug 27

Oil is likely to face resistance around 55.13, the double top and EMA crossover level. While, the immediate support can be seen around 53.11, the symmetric triangle's bullish trendline level. Below this, we may see oil prices falling further until 52.
Chart PatternscrudeTechnical IndicatorsOilTrend AnalysisWTI

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