Midday update for Crude oil 02-07-2020
Economies.com
2020-07-02 09:37AM UTC
Crude oil price starts new test to the key resistance 40.41 now, which represents one of the key levels that represent the next trend keys besides 38.35 support line, as the price needs to breach one of these levels to confirm the next destination clearly, which makes us continue with our neutrality until now.
To review the expected targets after the breach, please check our morning issued report.
The expected trading range for today is between 38.35 support and 41.30 resistance.
The expected trend for today: Neutral
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