Crude Oil - Technical Analysis: Monday, 25/09/2017 05:08 GMT

Crude oil price surpassed 50.40 level and settles above it, leaning on the intraday ascending channel's support, waiting for more rise to head towards 52.00 as a next target.

It is important to note that breaking 50.40 will put the price under negative pressure and it might head to 48.40 before rising again.