End of day analysis for Crude oil 08-10-2018
Economies.com
2018-10-08 18:29PM UTC
Crude oil price traded positively to move above 23.6% Fibonacci correction level, which urges caution from the upcoming trades, as continuing the rise and breaching 74.35 will stop the correctional bearish scenario and pushes the price to regain the main bullish trend, while trading below 73.95 will press the price to target 72.12 level as a next main station.
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