Update: Crude oil returns to push negatively

Economies.com
2015-01-23 19:29PM UTC

Crude oil price returns to trade with clear negativity and break 46.70 level, as it moves below it now, and by coming to end this day and week’s trading, holding below this level will push the price to stop the recently suggested bullish scenario to witness a potential return of the main bearish trend.

 

Therefore, it’s important to monitor the upcoming trading especially this week’s trading close according to 46.70.

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