Midday update for Crude oil 17-08-2020
Economies.com
2020-08-17 09:39AM UTC
The tight range dominates Crude oil price trades since morning, which hovers near the EMA50, thus, no change to the bullish trend scenario that depends on the price stability above 41.05, reminding you that our targets begin by breaching 43.05 to confirm heading towards 45.00 as a next main target.
The expected trading range for today is between 41.05 support and 44.50 resistance.
The expected trend for today: Bullish
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