End of day analysis for Crude oil 09-11-2018

Economies.com
2018-11-09 19:48PM UTC

Crude oil price bounced bullishly after approaching 59.00 barrier today, affected by stochastic positivity, and the price might head towards the bearish channel’s resisatnce before resuming the main bearish trend, which will remain valid as long as the price is below 62.40, reminding you that our next main target extends to reach 58.50.

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