Midday update for Crude oil 08-04-2021
Economies.com
2021-04-08 09:18AM UTC
Crude oil price keeps its stability below 59.85, to keep the bearish trend scenario valid and active for today, supported by the negative signal provided by stochastic now, waiting to resume the decline that targets 57.25 followed by 54.85 levels as next main stations, reminding you that it is important to hold below 59.85 and 60.60 levels to continue the expected decline.
The expected trading range for today is between 57.80 support and 60.60 resistance.
The expected trend for today: Bearish
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