Midday update for Crude oil 13-08-2020

Economies.com
2020-08-13 09:18AM UTC

Crude oil price shows calm positive trades to move near 43.05, waiting to get enough positive motive to push the price to surpass this level and rally towards 45.00 that represents our next target.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless we witnessed clear break and hold below 41.05.

 

The expected trading range for today is between 41.05 support and 44.50 resistance.

The expected trend for today: Bullish

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