Midday update for Crude oil 01-10-2020
Economies.com
2020-10-01 09:02AM UTC
Crude oil price faces negative pressure now to attack 39.90 level, which hints the price head for potential visit to the sideways range’s support line at 39.15, to keep the sideways scenario dominant on the intraday trading until the price confirms breaking the mentioned support or breaching 40.58 resistance to detect the next targets clearly.
The expected trading range for today is between 38.80 support and 41.70 resistance.
The expected trend for today: Sideways
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