End of day analysis for Crude oil 05-02-2019
Economies.com
2019-02-05 18:49PM UTC
Crude oil price faces clear negative pressure to start attacking the key support 53.65, which urges caution from the upcoming trading, as the continuous decline to confirm breaking this level will stop the recently suggested positive scenario and press on the price to suffer losses that start at 51.46, while the price needs to step above 54.40 again to reinforce the chances of resuming the short term bullish trend.
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