Midday update for Crude oil 11-07-2019
Economies.com
2019-07-11 09:12AM UTC
Crude oil price resumes its positive trading to start attempts to breach 60.86 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, paving the way to head towards 63.00 level that represents our next main station, noting that breaking 59.80 will stop the expected rise and press on the price to start intraday bearish correction.
The expected trading range for today is between 59.50 support and 62.50 resistance.
The expected trend for today: Bullish
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