Midday update for Crude oil 12-06-2018

Economies.com
2018-06-12 08:42AM UTC

Crude oil price resumes its positive trading to approach the key resistance 66.75, which represents one of the next trend keys besides 65.50, as we will need to breach one of these levels to detect the next trend clearly, which keeps our neutrality valid until now.

 

To review the expected targets after the breach, please check our morning report.

 

Expected trading range for today is between 64.00 support and 68.00 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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