Natural gas tests the critical support– Analysis – 23-09-2020
Economies.com
2020-09-23 05:29AM UTC
Natural gas price ended its negative rebound by facing the critical support at 1.780, to form a strong obstacle against the last negative trading, the upcoming scenario depends on the strength of this support, and its stability makes us expect forming bullish waves that target 2.050 level initially.
the continuation of suffering negative pressures and reaching below the current support will confirm its move to the bearish track by its stability within the bearish channel levels, to begin targeting several negative levels that might begin at 1.650 and 1.490.
The expected trading range for today is between 1.780 and 1.900
The expected trend for today: Bullish
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