Midday update for Crude oil 14-08-2018
Economies.com
2018-08-14 10:57AM UTC
Crude oil price retests 68.06 level, accompanied by witnessing clear overbought signals, waiting to rebound bearishly to continue the expected bearish trend for today, which depends on holding below the mentioned level, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 65.00 and extend to 63.60.
Expected trading range for today is between 65.50 support and 69.00 resistance.
Expected trend for today: Bearish
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