End of day analysis for Crude oil 07-04-2020
Economies.com
2020-04-07 17:30PM UTC
Crude oil price faces new negative pressure to attack the key support 25.60, which urges caution from the upcoming trading, as confirming breaking this support by closing the day below it will press on the price to make more bearish correction and head towards 24.50 as a next negative station, while consolidating above it represents key condition to rebound bullishly to resume the main bullish trend that its next target located at 30.00
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