End of day analysis for Crude oil 08-11-2018

Economies.com
2018-11-08 19:01PM UTC

Crude oil price bounced downwards strongly to attack 61.00 barrier and attempts to hold below it, which supports the continuation of the recently suggested bearish trend, organized inside the bearish channel that appears on the chart, reminding you that our next target is located at 60.00, while achieving it conditions holding below 62.90.

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