Midday update for Crude oil 13-06-2018

Crude oil price still stuck between the trend confirmation levels represented by 65.50 support and 66.85 resistance, noticing that there is a contradiction between stochastic positivity and the EMA50 negativity, which keeps our neutrality valid until now, waiting to surpass one of the mentioned levels to detect its next destination clearly, noting that the expected targets after the breach are explained in our morning report.

Expected trading range for today is between 64.00 support and 67.22 resistance.

Expected trend for today: Depends on the above mentioned levels