End of day analysis for Crude oil 06-12-2018

Economies.com
2018-12-06 20:45PM UTC

Crude oil price reached 50.00$ barrier today and returns to fluctuate around the key level 51.46, and the negative pressure continues to dominate oil price’s intraday and short term trades supported by moving below the EMA50 and conditioned by the price stability below 54.40, reminding you that our next main target is located at 49.10.

 

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