Midday update for Crude oil 17-07-2018
Economies.com
2018-07-17 09:27AM UTC
Crude oil price hovers around 68.06 level, and it might witness some bullish bias affected by stochastic positivity, but as long as the price is below 69.44, the bearish trend scenario will remain active for today, and the price needs to break 68.06 to confirm extending the bearish wave towards our next target at 65.65.
Expected trading range for today is between 65.65 support and 70.00 resistance.
Expected trend for today: Bearish
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