Crude Oil - Technical Analysis: Thursday, 01/11/2018 05:22 GMT

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Crude oil price broke the important support levels, and 23.6% Fibonacci level is surpassed, to head for more bearish correction, as the next target is located at 63.60, and breaking it will push towards 59.50.

On the other hand, surpassing 67.00 will lead the price to attempt to stop the current correctional bearish pressure.