Crude oil price rises again – Analysis - 17-08-2020
Economies.com
2020-08-17 03:57AM UTC
Crude oil price returns to rise after the temporary decline that it witnessed in the previous sessions, to gradually approach 43.05 level, waiting to surpass this level to open the way to head towards 45.00 as a next station.
Therefore, the bullish trend will remain valid and suggested in the upcoming sessions, supported by the EMA50, reminding you that it is important to hold above 41.05 to achieve the expected targets.
The expected trading range for today is between 41.05 support and 44.50 resistance.
The expected trend for today: Bullish
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