End of day analysis for Crude oil 22-09-2020
Economies.com
2020-09-22 18:03PM UTC
Crude oil price resumed its negative trades to test 39.14 level, but it returns to rise and move above 39.70 level now, to continue monitoring the price action, as consolidating above this level will lead the price to test 40.36 level before any new attempt to decline, while the price needs to trade below 39.70 to reinforce the chances of continuing the correctional bearish trend that its next targets located at 38.60 followed by 37.90.
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