End of day analysis for Crude oil 21-07-2017
Economies.com
2017-07-21 19:01PM UTC
Crude oil price traded with strong negativity to break 46.30 level and settles below it, which puts the price under negative pressure that we expect to push trading to test the key support levels between 44.95 and 44.10 before turning back to rise again.
Therefore, the bearish bias will be suggested temporarily in the upcoming sessions unless the price manages to rally bullishly to breach 47.30 level and hold above it.
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