Crude oil price breaches the resistance – Analysis - 13-08-2019
Economies.com
2019-08-13 05:09AM UTC
Crude oil price confirmed breaching 54.47 level after closing the daily candlestick above it, which stops the negative correctional scenario and push the price to achieve more potential gains in the upcoming sessions, on its way to visit 57.33 level as a next main station.
Therefore, the bullish bias will be suggested for today unless breaking 54.47 and holding below it again.
The expected trading range for today is between 53.50 support and 56.50 resistance.
The expected trend for today: Bullish
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