Midday update for Crude oil 04-12-2018
Economies.com
2018-12-04 10:31AM UTC
Crude oil price trades positively now to surpass 54.00$ barrier now, reinforcing the expectations of continuing the bullish trend for the rest of the day, as it gets good positive support by the EMA50, reminding you that our main waited target is located at 57.46, while holding above 52.60 and 51.46 represents major condition to continue the suggested rise.
Expected trading range for today is between 52.60 support and 55.50 resistance.
Expected trend for today: Bullish
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