Midday update for Crude oil 09-07-2020

Economies.com
2020-07-09 10:12AM UTC

Crude oil price continues to move within tight track, thus, no change to our neutrality until we get clearer signal for the next trend through breaching 40.80 resistance or breaking 39.90 support.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 39.00 support and 42.00 resistance.

The expected trend for today: Neutral

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