End of day analysis for Crude oil 16-05-2018
Economies.com
2018-05-16 18:37PM UTC
Crude oil price resumes its positive trading after retesting the breached resistance, to keep the bullish trend scenario active on the intraday and short term basis, supported by the EMA50 that carries the price from below, noting that our waited target is located at 75.00, while holding above 69.55 represents key condition to continue the expected rise.
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