(Bloomberg) -- Crude oil remains in a downtrend, even as it rises for a third day, and will face multiple layers of resistance before any approach toward a September high of more than $73 a barrel, according to Societe Generale. Oil will need to rise above the $71 a-barrel “selling level” before the upswing can be extended, said Stephanie Aymes, a London-based commodity technical analyst at the bank. Prices yesterday touched $71.97, the highest in October, as the dollar’s decline bolstered the investment appeal of commodities.
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