End of day analysis for Crude oil 22-01-2019

Economies.com
2019-01-22 18:48PM UTC

Crude oil price trades negatively to press on the bullish channel’s support line, which urges caution from the upcoming trading, noting that continuing the decline and breaking 51.46 will stop the recently suggested positive scenario and lead the price to decline again, while the first positive target of the expected bullish wave is located at 55.80.

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