Midday update for Crude oil 20-09-2017
Economies.com
2017-09-20 10:23AM UTC
Crude oil price resumes its positive trading clearly to move away from 50.00 barrier, which supports the continuation of our bullish overview efficiently in the upcoming sessions, which targets 53.00 level as a next main station, noting that the EMA50 keeps supporting the expected rise, while the price needs to hold above 49.45 and 48.37 levels to guarantee the continuation of the suggested bullish wave.
Expected trading range for today is between 49.00 support and 53.00 resistance.
Expected trend for today: Bullish
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