End of day analysis for Crude oil 19-04-2018
Economies.com
2018-04-19 19:23PM UTC
Crude oil price bounced downwards clearly to retest the previously breached resistance of the bullish channel that appears on the chart, and the price needs to hold above 68.00 level to continue the expected bullish trend scenario for the upcoming period, supported by stochastic reach to the oversold areas’ thresholds, reminding you that our next target is located at 70.00.
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