Crude oil Price Rise to as high as 83.52 and the firm break of 82.0 resistance confirms that whole medium term rise from 33.2 has resumed.Intraday bias will now remain on the upside as long as 80.79 minor support holds.
Current rise should now be upper trend line resistance at 87/88 level.
On the downside, below 80.79 will indicate that an intraday top is formed and bring retreat, probably to 4 hours 55 EMA (now at 79.72, before rally resumption.
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