End of day analysis for Crude Oil 26-05-2017
Economies.com
2017-05-26 20:22PM UTC
Crude oil price traded with clear positivity to approach from 50.00$ per barrel barrier, reinforcing the expectations of more rise in the upcoming period, and the way is open to head towards our first target at 50.80, which breaching it represents the key to extend the price gains to reach 54.05 followed by 55.27.
Stochastic supports the expected rise, which its continuation conditions holding above 48.37.
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