Crude Oil - Technical Analysis: Tuesday, 11/07/2017 04:03 GMT

Crude oil price achieved some gains yesterday to test 44.70 level again, as the price keeps its stability below it, which keeps the negative pressure valid until now, waiting to decline again to head towards our negative targets that start at 43.31.

Breaking the mentioned level will push the price to visit the previously recorded low at 42.06, while the expected decline will remain valid unless surpassing 44.70 then 45.32 levels and settling above them.