End of day analysis for Crude oil 06-09-2019
Economies.com
2019-09-06 17:38PM UTC
Crude oil price shows mixed trades, as it approached the key support 54.47 and bounced bullishly to reach the thresholds of 57.33 resistance, and as we mentioned in our recent reports, these levels represent the lines of the sideways range that dominates the intraday trades, to keep the sideways move scenario valid until the price manages to confirm breaching one of the mentioned levels followed by detecting its next destination clearly.
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