Crude Oil Markets Continue to Threaten the Downtrend Line During the Week - FX Empire

The crude oil markets have rallied a bit during the course of the week but continue to respect the downtrend line that makes up the triangle on my chart.

As long as the market stays above the $100 level, it is likely that we will continue to find more upward momentum than downward. The $120 level could be a target given enough time, but it does not ne… [+280 chars]

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