Midday update for Crude oil 19-12-2018
Economies.com
2018-12-19 10:46AM UTC
Crude oil price shows some slight bullish bias affected by stochastic positivity, but as long as the price is below 47.80, the negative pressure will remain valid for today, as its next target is located at 45.46, reminding you that breaking this level will extend oil price losses to reach 40.00.
Expected trading range for today is between 45.00 support and 47.80 resistance.
Expected trend for today: Bearish
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