Midday update for Crude oil 04-03-2019
Economies.com
2019-03-04 10:36AM UTC
Crude oil price shows sideways and tight trades since morning and settles below 56.60, to keep the bearish bias suggested for today, which depends on the price stability below the mentioned level and the most important below 57.46, reminding you that we are waiting to visit 55.05 level and might extend to 54.50 before turning back to resume the main bullish trend again.
The expected trading range for today is between 54.50 support and 57.46 resistance.
The expected trend for today: Bearish temporarily
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