End of day analysis for Crude Oil 29-03-2017
Economies.com
2017-03-29 20:30PM UTC
Crude oil price rallied upwards strongly to end today's trading around 49.50, which supports the continuation of the expected bullish trend for the upcoming period, targeting testing 50.70 level mainly, noting that the price is affected by the previously completed falling wedge pattern, while the expected rise will remain valid conditioned by holding above 48.37.
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