Crude Oil Price Turns Red Below $70

Key Highlights Crude oil price started a downside correction below $75.00. A key bearish trend line is forming with resistance near $70.20 on the 4-hours chart of XTI/USD. EUR/USD is facing resistance near 1.1400, and GBP/USD could recover if it breaks 1.3400. The US ISM Manufacturing Index increased from 60.8 to 61.1 in Nov 2021. […]

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