End of day analysis for Crude oil 02-05-2019
Economies.com
2019-05-02 19:41PM UTC
Crude oil price faced strong negative pressure to break the main bullish channel’s support line and touches the first expected negative target at 60.90, and it is expected to face more bearish bias in the upcoming sessions, noting that the next target extends to reach 57.46, while the expected decline will remain valid unless breaching 63.55 level and holding above it.
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