If we look at the chart of light crude oil:1) Since the end of February, light crude oil has been in a clear uptrend by making consecutive higher lows.
2) 75$ appears to be the next resistance to overcome to buy again
3) 65$ is the sell trigger as it corresponds to the crossing of the uptrend line (in red) to the downside
4) the current downtrend of the US dollar keeps making pressure on oil to the upside
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