Crude oil resumes the decline – Analysis - 15-11-2018
Economies.com
2018-11-15 05:12AM UTC
Crude oil price trades negatively after testing 57.46 level yesterday, which keeps our bearish overview valid for today, which targets visiting the next correctional level at 51.46.
Breaking 54.75 will ease the mission of achieving the mentioned target, while breaching 57.46 will lead the price to start the attempts to return to the main bullish track again.
Expected trading range for today is between 54.00 support and 57.46 resistance.
Expected trend for today: Bearish
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