Midday update for Crude oil 16-07-2019
Economies.com
2019-07-16 09:38AM UTC
Crude oil price resumes its positive trading to move away from the bullish channel’s support line, as it keeps its stability above 58.90, which keeps the bullish trend scenario valid for today, supported by the positive signal provided by stochastic, reminding you that our main targets begin by breaching 60.86 to open the way to head towards 63.00 as a next main station.
The expected trading range for today is between 58.50 support and 61.50 resistance.
The expected trend for today: Bullish
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