Midday update for Crude oil 02-04-2019

Economies.com
2019-04-02 09:58AM UTC

Crude oil price shows more of the bullish bias moves to begin attempts to surpass 62.00 barrier, reinforcing our expectations for the continuation of the bullish trend in the upcoming sessions, targeting 64.90 level as a next main station, while holding above 60.35 represents an initial condition for the continuation of the suggested bullish wave.

 

The expected trading range for today is between 60.50 support and 64.00 resistance.

 

The expected trend for today: Bullish

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