Crude oil around the moving average – Analysis - 17-09-2018
Economies.com
2018-09-17 03:54AM UTC
Crude oil price settles around 68.73 level and keeps its stability above it, while stochastic continues to provide the positive signals, to continue suggesting the bullish trend that targets 69.74 followed by 71.38 levels as next main stations.
We should note that breaking 68.73 will push the price to test 67.91 level again and might extend to 67.08 before any new attempt to rise.
Expected trading range for today is between 67.91 support and 71.00 resistance.
Expected trend for today: Bullish
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