End of day analysis for Crude oil 12-03-2018

Economies.com
2018-03-12 19:04PM UTC

Crude oil price attacked 61.40 level today and recorded 60.66 level in the previous sessions, but it returns to rise in attempt to end the day above 61.40, which keeps our neutrality valid until now, waiting to confirm breaking the mentioned support or breaching 62.65 resistance to detect the next destination clearly, noting that the contradiction between stochastic current positivity and the EMA50 negativity provides another reason for neutrality.

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