Midday update for Crude oil 13-11-2018
Economies.com
2018-11-13 10:22AM UTC
Crude oil price resumes its negative trading to move below 59.00 level now, reinforcing the expectations of continuing the bearish trend for the rest of the day, opening the way to achieve our next waited target at 58.00, reminding you that breaking this level will push the price towards 56.65, while the expected decline will remain valid conditioned by the price stability below 61.00.
Expected trading range for today is between 57.00 support and 60.50 resistance.
Expected trend for today: Bearish
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