End of day analysis for Crude oil 17-07-2017

Economies.com
2017-07-17 20:11PM UTC

Crude oil price continued its decline gradually to fluctuate around 46.00 barrier now, while stochastic reaches the oversold areas to support the chances of resuming the expeted bullish trend for the upcoming period.

 

In general, the bullish trend will remain valid and active unless breaking 45.60 and the most important 44.10 levels, waiting to head toward sour next main target at 48.37.

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