Crude Oil Outlook
1. Crude Oil pushed its rebound higher after breaking above the 57.05 resistance, even managing to close above the downtrend line.
2. The chart shows a tough resistance area around 59.00–59.40, which could keep prices moving inside the current range toward the 54.80 support zone.
3. A clear break above 59.40 may open the door for a stronger move toward the 62.60 level.
Instrument: Crude Oil | Sentiment: Neutral
