Midday update for Crude oil 20-02-2020
Economies.com
2020-02-20 11:36AM UTC
Crude oil price keeps its stability above 23.6% Fibonacci correction level that was breached previously, to keep the correctional bullish scenario active for the upcoming period, which its next main target located at 55.53, reminding you that the continuation of the expected rise conditions the price stability above 53.20 and 52.30 levels.
The expected trading range for today is between 52.50 support and 55.50 resistance.
The expected trend for today: Bullish
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