Midday update for Crude oil 04-06-2020
Economies.com
2020-06-04 10:19AM UTC
Crude oil price keeps its steadiness above 36.10 level, while stochastic approaches from providing positive overlapping signal now, waiting for motivaiting the price to resume the expected bullish trend for today, which gets continuous support from the EMA50, waiting for heading to 41.04 level as a next main station, reminding you that holding above 36.10 is important for the continuation of the expected rise.
The expected trading range for today is between 35.50 support and 39.00 resistance.
The expected trend for today: Bullish
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