CRUDE OIL 20 Nov 20

The Crude Oil Price showed an upward movement and moved up above the 40.70 major support level. As long as the price stays above 40.70 on a daily basis, we will face 43.88 as the main resistance level. On the downside, If the price drops below 40.70, the key support level can be found at 37.78.

Support : 40.70 - 37.78 - 34.34

Resistance : 43.88 - 47.63 - 51.08