Crude oil price breaches the resistance – Analysis - 17-05-2019
Economies.com
2019-05-17 00:45AM UTC
Crude oil price confirmed breaching 62.70 level after closing the daily candlestick above it, which opens the way to continue the bullish bias in the upcoming sessions, paving the way to regain the main bullish trend.
Therefore, the bullish bias will be suggested for today unless breaking 62.40 level and holding below it, noting that our waited targets begin at 65.00 and extend to 66.60.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bullish
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