Midday update for Crude oil 15-09-2020
Economies.com
2020-09-15 10:03AM UTC
Crude oil price rallies higher strongly to breach 37.40 level and approaches from the second critical resistance at 38.42, which provides signals for turning the intraday track to the upside, in its way to achieve extra gains to extend to 40.00.
therefore, we expect the continuation of the bullish trend domination for the rest of the day unless breaking 36.95 level and breaking below it.
The expected trading range for today is between 37.00 support and 39.00 resistance.
The expected trend for today: Bullish
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