Midday update for Crude oil 18-05-2018
Economies.com
2018-05-18 10:44AM UTC
Crude oil price settles inside the intraday bullish channel, and stochastic begins to provide positive overlapping signal on the four hours’ time frame, to support the chances of resuming the bullish trend that its next main target located at 75.40, while holding above 70.55 represents key condition to continue the expected rise.
Expected trading range for today is between 70.55 support and 73.55 resistance.
Expected trend for today: Bullish
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