Crude oil has turned around sharply up after breaking below 60 dollars per barrel back in April, and what we’re seeing now is an impulsive five-wave rally as Israel attacks Iran. This situation can just get worse, so energy can stay up, therefore more upside is expected after a new ABC corrective pause, which can retrace the price back to 67 support area.
![Crude Oil may face a corrective pullback [Video]](https://socialstatic.fmpstatic.com/social/202506/6534d8453e6e97148684dfb2253e5d750e666640.png?x-oss-process=image/resize,w_1280/quality,q_70/format,jpeg)
Crude Oil four-hour chart
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作者：Gregor Horvat，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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