Midday update for Crude oil 03-04-2019
Economies.com
2019-04-03 09:59AM UTC
Crude oil price shows some slight bearish bias to move around 62.60 level, and as long as the price is above 61.75, our bullish overview will remain valid for today, supported by the EMA50, waiting to visit 64.90 level mainly.
We remind you that breaking 61.75 will put the price under negative pressure that its targets begin by testing 60.00.
The expected trading range for today is between 61.75 support and 64.90 resistance.
The expected trend for today: Bullish
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