End of day analysis for Crude oil 13-12-2017

Economies.com
2017-12-13 19:35PM UTC

Crude oil price returns to test the critical support 56.70 and pushes negatively in attempt to break it, which urges caution from the upcoming trades, as breaking this level will put the price under the correctional bearish pressure that its next target located at 55.23, while the overall bullish trend scenario will remain active conditioned by the stability of the daily close above 56.70, reminding you that our first target is located at 59.00.

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