End of day analysis for Crude oil 18-09-2018

Economies.com
2018-09-18 18:00PM UTC

Crude oil price rebounds bearishly after attempting to surpass 70.00$ barrier today, to move below 69.74 level now, while the EMA50 continues to provide the positive support to the price.

 

Therefore, we will continue to suggest the bullish trend conditioned by holding above 68.73, noting that our next main target is located at 71.38.

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