Midday update for Crude oil 05-04-2019

Economies.com
2019-04-05 10:58AM UTC

Crude oil price continues to fluctuate within the bullish flag that appears on the chart, waiting to breach 62.60 to confirm resuming the main bullish wave, which its next main target located at 64.90, while holding above 61.10 represents key condition for its continuation.

 

The expected trading range for today is between 61.00 support and 64.00 resistance.

 

The expected trend for today: Bullish

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