Crude oil price crawls upwards – Analysis - 17-12-2019
Economies.com
2019-12-17 05:49AM UTC
Crude oil price shows calm positive trades to settle above 60.00, getting continuous positive support by the EMA50, to support the chances of achieving more gains in the upcoming sessions, reminding you that our next target is located at 60.90, which breaching it represents the key to rally towards 62.30 as a next station.
The bullish channel continues to organize the suggested bullish wave, which its continuation conditions holding above 59.05.
The expected trading range for today is between 59.05 support and 61.50 resistance.
The expected trend for today: Bullish
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