Midday update for Crude oil 19-11-2019
Economies.com
2019-11-19 11:03AM UTC
Crude oil price trades negatively now on its way to test the key support 55.90, which represents one of the next trend keys besides 57.40 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 55.50 support and 58.50 resistance.
The expected trend for today: Neutral
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