Midday update for Crude oil 13-02-2019
Economies.com
2019-02-13 10:27AM UTC
Crude oil price trading settles above the EMA50, keeping the chances valid for the continuation of the expected bullish trend on the intraday and short term basis, which depends on the stability above 52.35 level, reminding you that our waited targets begin by breaching 54.50 level to confirm the rally to 57.46 then 65.00 levels as next main stations.
The expected trading range for today is between 52.35 support and 55.50 resistance.
The expected trend for today: Bullish
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