Midday update for Crude oil 11-04-2019
Economies.com
2019-04-11 10:05AM UTC
Crude oil price provides slight negative trading now to approach the key support 63.70 again, noticing that stochastic attempts to get rid of its negative momentum and gain the positive momentum gradually, which supports the chances of resuming the expected bullish trend on the intraday and short term basis, which its targets begin by breaching 64.90 to confirm rallying towards 66.85 as a next main station, reminding you that it is important to hold above 63.70 to achieve the waited targets.
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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