End of day analysis for Crude oil 18-11-2019
Economies.com
2019-11-18 19:00PM UTC
Crude oil price faced strong negative pressure to break 57.40 level and settles below it now, which stops the morning suggested positive scenario and makes us stay aside until we get clearer signal for the next trend, noting that settling below 57.00 will press on the price to head towards 55.85 followed by 54.60 areas on the near term basis.
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