Midday update for Crude oil 13-03-2018

Economies.com
2018-03-13 11:55AM UTC

Crude oil price keeps its stability below 61.40 level, which keeps the negative pressure valid and preferred for today, supported by the EMA50, reminding you that our main targets begin by breaking 60.14 level to confirm the extension of the bearish wave to 58.60.

 

Expected trading range for today is between 59.50 support and 62.65 resistance.

 

Expected trend for today: Bearish

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