Crude oil surpasses the first target – Analysis - 21-03-2019
Economies.com
2019-03-21 05:25AM UTC
Crude oil price managed to breach 60.00 level to settle above it now, which reinforces the expectations of continuing the bullish trend on the intraday and short term basis, organized inside the bullish channel that appears on the chart, waiting to visit 64.90 level that represents our next main station.
The EMA50 keeps supporting the suggested bullish wave, noting that holding above 58.85 represents the first condition for its continuation.
The expected trading range for today is between 58.85 support and 62.00 resistance.
The expected trend for today: Bullish
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