Midday update for Crude oil 05-03-2019
Economies.com
2019-03-05 10:53AM UTC
Crude oil price did not show any strong move since morning, to continue fluctuating around the EMA50, thus, no change to our bearish overview that depends on the price stability below 56.95 and 57.46 levels, while our main targets are located at 55.35 followed by 54.50.
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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