End of day analysis for Crude oil 22-05-2018
Economies.com
2018-05-22 18:44PM UTC
Crude oil price returns to decline to fluctuate around 72.00 level, noticing that stochastic gets rid of its negative momentum to approach the oversold areas, to support the chances of bouncing bullishly and resume the main bullish trend, waiting to head towards 74.65 level as a next main station, notin that holding below 72.25 will push the price to test 70.95 areas before any new attempt to rise.
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