Crude oil price continues to fluctuate – Analysis - 21-08-2019
Economies.com
2019-08-21 04:54AM UTC
Crude oil price hovers around the bearish channel’s resistance, and it might test 57.33 before turning back to decline again.
In general, we will continue to suggest the overall bearish trend unless breaching the mentioned level, as breaching it will push the price to achieve additional gains that reach 60.86 on the near term basis, while the expected bearish wave targets begin at 54.47.
The expected trading range for today is between 54.47 support and 57.33 resistance.
The expected trend for today: Bearish
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