Midday update for Crude Oil 28-10-2016
Economies.com
2016-10-28 11:13AM UTC
Crude oil price still stuck between the next trend keys represented by 49.34 support and 50.10 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.
For more details about the expected targets after the breach, please review our morning issued report.
Expected trading range for today is between 47.00 support and 52.00 resistance.
Expected trend for today: Depends on the above mentioned levels
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