
Rising US Dollar and global recession have been the main force driving the crude oil lower, I can't think of any thing right now that can save the crude oil movement, looking at the chart, we are seeing a clear down trend price channel, more over, its breaking down, crude inventory report is coming out tomorrow, unless it can suprise the up side, the chart is suggesting an acceleration of plunge until it hits $65 area where the main support will kick in.

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