End of day analysis for Crude oil 18-07-2017
Economies.com
2017-07-18 19:04PM UTC
Crude oil price approached from 47.00 barrier and returns to fluctuate around 46.50, as the EMA50 keeps supporting the price from below, reinforcing the expectations of continuing the bullish trend in the upcoming period, which targets 48.37 areas mainly, taking into consideration that holding above 45.60 represents the first condition to achieve the waited targets.
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