Midday update for Crude oil 06-12-2019

Economies.com
2019-12-06 10:33AM UTC

Crude oil price did not show any strong move since morning, while stochastic shows oversold signals now, waiting to motivate the price to resume the expected bullish trend for today, which its next main target located at 60.90, while holding above 57.40 represents key condition to achieve it.

 

The expected trading range for today is between 57.00 support and 60.00 resistance.

 

The expected trend for today: Bullish

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