Crude Oil - Technical Analysis: Wednesday, 13/09/2017 06:09 GMT

The bullish rebound that crude oil witnessed after consolidating above 47.20 level supports the continuation of the bullish trend, to test 48.42 level, waiting to surpass this level to confirm rallying towards 50.40 as a next target.

The bullish trend will remain valid conditioned by the price stability above 47.20.