End of day analysis for Crude oil 21-02-2018
Economies.com
2018-02-21 18:15PM UTC
Crude oil price trades with clear positivity to move above 61.40 level again, which hints the price head to regain the main bullish trend again, supported by stochastic positivity, which urges caution from the upcoming trading, as tomorrow’s opening above this level will push the price to achieve positive targets that start at 62.65 and extend to 64.20, while trading below it will put the price under the negative pressure that its next target located at 60.14.
Expected trading range for today is between 60.00 support and 62.65 resistance.
Expected trend for today: Bearish
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