Midday update for Crude oil 10-09-2018

Economies.com
2018-09-10 09:51AM UTC

Crude oil price trades positively since morning to approach our first waited target at 68.73, to continue suggesting the bullish trend for the rest of the day, noting that breaching the mentioned level will push the price towards 71.38 as a next main target, noting that breaking 67.08 will stop the suggested rise and push the price to decline again.

 

Expected trading range for today is between 67.00 support and 70.00 resistance.

 

Expected trend for today: Bullish

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