Midday update for Crude Oil 31/03/2015
Economies.com
2015-03-31 11:21AM UTC
Crude oil price started an initial test to the key support 47.25, which represents one of the next trend keys besides 49.25 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect the next track clearly, and that makes us continue monitoring the price in the upcoming trading.
To get more details about the expected targets after breaching the above mentioned levels, please review our morning issued report.
Expected trading range for today is between 46.00 support and 50.00 resistance.
Expected trend for today: Depends on the above mentioned levels
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