Midday update for Crude oil 18-04-2018
Economies.com
2018-04-18 09:54AM UTC
Crude oil price settles above 67.00$ barrier, and it might witness some temporary sideways fluctuation affected by stochastic negativity, waiting to get enough positive momentum to push trades to achieve more gains in the upcoming period.
In general, we will keep our bullish overview supported by the EMA50, unless the price broke 66.30 level and settled below it, reminding you that our waited targets begin at 68.00 and extend to 70.00.
Expected trading range for today is between 65.45 support and 69.00 resistance.
Expected trend for today: Bullish
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