Midday update for Crude oil 17-11-2017

Economies.com
2017-11-17 10:27AM UTC

Crude oil price trades with clear positivity now after the sideways trading that it witnessed this morning, thus, our positive overview still active efficiently for today, waiting to target 57.90 followed by 60.25 levels as next main stations, taking into consideration that breaking 55.05 will stop the expected rise and push the price to start short term bearish correction.

 

Expected trading range for today is between 54.15 support and 57.90 resistance.

 

Expected trend for today: Overall Bullish

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