End of day analysis for Crude oil 23-01-2018

Economies.com
2018-01-23 20:14PM UTC

Crude oil price succeeded to reach our first waited positive target at 64.88 and settles there, waiting to breach this level to confirm rallying towards our next target at 66.15, to keep the bullish trend active in the upcoming period supported by the EMA50 and the positive effect of the previously completed bullish flag pattern, while holding above 63.50 represents initial condition to continue the suggested bullish wave.

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