Midday update for Crude oil 09-09-2019

Economies.com
2019-09-09 09:51AM UTC

Crude oil price fluctuates near 57.33 level and remains below it, keeping the price confined within the sideways range that its lines are represented by the mentioned resistnace and 54.47 support, therefore, the sideways bias will remain valid until confirming braeching one of these levels then detecting our next targets clearly.

 

To recognize the details of the expected targets from the breach, please review our morning report.

 

The expected trading range for today is between 55.50 support and 58.50 resistance.

 

The expected trend for today: Sideways

 

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