End of day analysis for Crude Oil 22-03-2017

Economies.com
2017-03-22 20:15PM UTC

Crude oil price ended today's trading positively to retest 48.37 level that was broken previously, noting that closing the daily candlestick below this level confirms the continuation of the bearish trend on the intraday and short term basis, supported by the negative pressure provided by the EMA50, reminding you that we are waiting to head towards 44.10 that represents our next main target.

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