Midday update for Crude oil 10-04-2019

Economies.com
2019-04-10 09:23AM UTC

Crude oil price provides slight positive trades to move away gradually from 63.70 level, which supports the continuation of our bullish overview for today, motivated by stochastic current positivity, reminding you that breaching 64.90 is required to reinforce the chances of heading towards 66.85 that represents our next main target, while holding above 63.70 represents key condition to continue the suggested rise.

 

The expected trading range for today is between 63.00 support and 66.00 resistance.

 

The expected trend for today: Bullish

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