End of day analysis for Crude oil 13-11-2018

Economies.com
2018-11-13 18:35PM UTC

Crude oil price traded with strong negative to succeed reaching our waited target at 56.65, and we notice that the price presses negatively on this level to break it and attempts to settle below it, which supports the chances of extending the bearish wave on the short term basis, as the next target reaches 55.00, while holding below 58.10 represents the first condition to continue the expected decline.

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