Midday update for Crude oil 13-04-2018

Economies.com
2018-04-13 10:21AM UTC

Crude oil price resumes its positive trading clearly to start attacking the bullish channel’s resistance, which supports the continuation of our bullish overview efficiently in the upcoming period, which its next main target located at 70.00, supported by the EMA50 that carries the price from below, reminding you that holding above 66.15 represents key condition to achieve the waited targets.

 

Expected trading range for today is between 65.80 support and 69.00 resistance.

 

Expected trend for today: Bullish

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