Midday update for Crude Oil 02/09/2015
Economies.com
2015-09-02 10:30AM UTC
Crude oil price fluctuates within sideways range since morning near 44.00 barrier, waiting for breaking this level followed by 43.37 to confirm the continuation of the bearish wave in the upcoming period, and opening the way towards our next main target that located at 37.73.
In general, the bearish trend scenario will remain active unless witnessing clear breach and stability above 46.85 level.
Expected trading range for today is between 42.00 support and 46.85 resistance.
Expected trend for today: Bearish
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