Crude oil surpasses the target – Analysis - 24-09-2018
Economies.com
2018-09-24 04:24AM UTC
Crude oil price succeeded to breach 71.38 level and hold above it, reinforcing the chances of continuing the bullish trend on the short term basis, paving the way to target 73.00 level as a next main station.
The bullish channel keeps organizing the suggested bullish wave, supported by the EMA50 that carries the price from below, noting that holding above 71.38 is considered as the first condition to continue the expected bullish rally.
Expected trading range for today is between 73.00 support and 70.00 resistance.
Expected trend for today: Bullish
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