Midday update for Crude oil 14-08-2019

Economies.com
2019-08-14 10:09AM UTC

Crude oil price shows slight negative trades to approach 56.00$ barrier, to keep the bearish trend scenario valid and active for today, supported by stochastic negativity, reminding you that our main waited target reaches 54.47, while achieving it conditions holding below 57.33.

 

The expected trading range for today is between 54.50 support and 57.50 resistance.

 

The expected trend for today: Bearish

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