Midday update for Crude oil 20-04-2018
Economies.com
2018-04-20 10:46AM UTC
Crude oil price fluctuates around 68.15 level since morning and keeps its stability above it until now, which makes us keep our bullish overview supported by stochastic move within the oversold areas, waiting to head towards 70.00 that represents our next main target, noting that breaking 68.15 will push the price to start bearish correction that will target 66.56 areas initially before any new attempt to rise.
Expected trading range for today is between 67.00 support and 70.50 resistance.
Expected trend for today: Bullish
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