Midday update for Crude oil 10-12-2018
Economies.com
2018-12-10 10:50AM UTC
Crude oil price begins testing the bearish flag pattern mentioned this morning, motivated by stochastic and the EMA50 negativity, waiting to break this support to confirm rallying towards our next negative target located at 49.10.
We remind you that hold below 54.00 is required to achieve the waited targets.
Expected trading range for today is between 50.00 support and 54.00 resistance.
Expected trend for today: Bearish
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