End of day analysis for Crude oil 10-12-2018

Economies.com
2018-12-10 18:56PM UTC

Crude oil price managed to break the bearish flag’s support line and settles below it, to activate the negative effect of this pattern, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which its next main target located at 49.10, while holding below 54.00 represents key condition to continue the expected decline.

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