Natural gas keeps the bearish track – Analysis – 31-1-2020
Economies.com
2020-01-31 07:41AM UTC
Natural gas price formed new negative crawl recently, to touch 1.834 level and keeps its stability within the bearish channel that appears on the chart.
We notice the moving average 55 crawl below the main resistance 1.983, to confirm blocking trades within the negative range and increases the chances of targeting 1.757 followed by reaching 1.623 support line.
The expected trading range for today is between 1.880 and 1.757
The expected trend for today: Bearish
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