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Back Technical analysis
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Back Technical analysis
Trading Signals for CRUDE OIL (CL) on February 19-22, 2026: buy above $66.25 (21 SMA - 6/8 Murray)
Crude oil (WTI) is trading around
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Crude oil (WTI) is trading around $66.02 per barrel after finding good support around the 4/8 Murray and around the 200 EMA, which has a bullish bias.In the coming hours, crude oil is expected to continue rising and could reach the 7/8 Murray around $67.18 and finally, the 8/8 Murray around the top of the uptrend channel located at $68.75.Crude oil has surpassed resistance levels since the end of January, when it attempted to break through $65.62 on several occasions.
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Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
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Dimitrios Zappas
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