Midday update for Crude oil 09-10-2018

Economies.com
2018-10-09 09:44AM UTC

Crude oil price continues to provide the positive trading in attempt to move away from the main bullish channel’s support line, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which its next target located at 76.88, reminding you that breaking 73.94 will stop the expected rise and press the price to return to the correctional bearish track again.

 

Expected trading range for today is between 73.50 support and 76.50 resistance.

 

Expected trend for today: Bullish

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