End of day analysis for Crude oil 12-02-2018

Economies.com
2018-02-12 19:23PM UTC

Crude oil price returns to decline to remain confined between the next trend keys represented by 58.60 support and 60.14 resistnace, which makes us continue with our neutrality until the price succeeds to breach one of the mentioned levels, reminding you that breaking the mentioned support will push the price towards 56.08 as a next main station, while breaching the resistance will open the way to achieve gains that start at 61.40 followed by 62.65 on the near term basis.

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