Crude Oil - Technical Analysis: Monday, 03/04/2017 07:24 GMT

Crude oil surpassed 50.26 level and settled above it, to head towards achieving more gains in the coming period, as the next target is located at 51.64, noting that surpassing this level will lead the price to turn back to the main bullish trend again.

Note that breaking 50.26 level will push the price to decline again, to head towards 48.55 mainly.