End of day analysis for Crude oil 29-10-2018

Economies.com
2018-10-29 18:48PM UTC

Crude oil price hovers around 67.40 level since morning, and the negative signals still appear through stochastic and the EMA50, noting that closing the daily candlestick below the mentioned level will put the price under negative pressure that targets 66.00 followed by 64.43 levels as next main stations, while stepping above it will reactivate the intraday bullish trend scenario that its next target located at 69.19.

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