End of day analysis for Crude oil 25-02-2019

Economies.com
2019-02-25 19:15PM UTC

Crude oil price faced strong negative pressure to break 56.05 level and settles below it now, which hints the price head to face more potential decline in the upcoming sessions, and it might target 54.50 level before turning back to rise again, noting that stepping above 56.05 will reactivate the bullish trend scenario that its targets begin by new test to 57.46.

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