Midday update for Crude oil 08-04-2019

Economies.com
2019-04-08 10:04AM UTC

Crude oil price settles above 63.00 level, thus, our bullish overview will remain valid for today, supported by the EMA50, and the price is affected by the completion of the bullish flag pattern previously, reminding you that our next main target reaches 64.90.

 

The expected trading range for today is between 62.50 support and 65.40 resistance.

 

The expected trend for today: Bullish

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