Midday update for Crude oil 18-07-2019
Economies.com
2019-07-18 09:24AM UTC
Crude oil price shows sideways trading since morning and keeps its stability below 57.33, to keep the negative pressure valid until now, waiting to resume the bearish bias that targets visiting 56.00 followed by 54.47 levels as next main stations, reminding you that breaching 57.33 will stop the suggested decline and push the price to regain the main bullish trend.
The expected trading range for today is between 55.00 support and 58.00 resistance.
The expected trend for today: Bearish
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