Crude oil begins positively – Analysis - 24-08-2018
Economies.com
2018-08-24 04:22AM UTC
Crude oil price opens today’s trading with bullish bias to move above 68.06 level, which hints the price head to achieve more gains and recover on the intraday and short term basis, supported by the positive signal provided by stochastic now.
Therefore, the bullish trend will be suggested for today, and the targets begin at 69.44 and extend to 70.82 after surpassing the previous level, noting that breaking 68.06 will stop the expected rise and make us neutral again.
Expected trading range for today is between 66.70 support and 70.00 resistance.
Expected trend for today: Bullish
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