End of day analysis for Crude oil 01-10-2018

Economies.com
2018-10-01 18:10PM UTC

Crude oil price rallied upwards strongly to succeed returning to the main bullish channel and surpasses our waited target for today at 74.65, as it moves above 75.00$ barrier now, reinforcing the expectations of achieving more gains in the upcoming period, as the next target is located at 75.90, noting that holding above 73.75 represents key condition to continue the suggested rise.

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