Midday update for Crude Oil 05/03/2015
Economies.com
2015-03-05 12:22PM UTC
Crude oil price achieved an initial breach to 52.00 dollar per barrel barrier and attempts to settle above it, where it tests this level now, while the EMA50 keeps providing support for the price from below, which encourages us to keep preferring the bullish trend for today, which its next main target located at 54.45.
Expected trading range for today is between 50.00 support and 54.00 resistance.
Expected trend for today: Bullish
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