Midday update for Crude oil 18-03-2019
Economies.com
2019-03-18 10:46AM UTC
Crude oil price shows sideways and tight trading since morning and keeps its stability above the bullish channel’s support line that appears on the chart, thus, no change to our bullish overview that gets continuous support by the EMA50, waiting to target 60.00 followed by 64.90 levels as next main stations, reminding you that it is important to hold above 57.46 to continue the expected rise.
The expected trading range for today is between 57.46 support and 60.50 resistance.
The expected trend for today: Bullish
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