Crude oil achieves good gains – Analysis - 20-11-2017

Crude oil price provided strong positive trading after leaning on the bullish channel's support that appears on chart, to approach 57.00$ barrier now, waiting for more rise in the upcoming sessions, as our next main targets located at 57.90 and extend to 60.35.

Therefore, the bullish trend will remain dominant on the intraday and short term basis conditioned by holding above 55.25 level.

Expected trading range for today is between 55.70 support and 59.50 resistance.

Expected trend for today: Bullish