Midday update for Crude oil 06-09-2018

Economies.com
2018-09-06 09:16AM UTC

Crude oil price still confined between the trend keys represented by 68.06 supprot and 69.44 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.

 

To review the details of the expected targets after breaching one of the above mentioned levels, please check our morning report.

 

Expected trading range for today is between 67.00 support and 70.00 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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