End of day analysis for Crude Oil 24-03-2017
Economies.com
2017-03-24 20:34PM UTC
Crude oil price ended this week below 48.37 level, to keep the bearish trend scenario active on the short term basis, waiting for more decline that targets visiting the next correctional level at 44.10.
Therefore, the expected bearish trend will remain valid supported by the EMA50, unless we witnessed clear breach and holding above 48.37 and 48.85 levels.
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