Midday update for Crude oil 20-06-2018
Economies.com
2018-06-20 09:54AM UTC
Crude oil price tests 65.50 level, and as long as the price is below this level, our bearish overview will remain valid, as the EMA50 meets the mentioned level to add more strength to it, while stochastic moves near the overbought areas.
Our first target is located at 63.78, reminding you that breaking it will push the price towards 61.64 direct.
Expected trading range for today is between 63.50 support and 66.20 resistance.
Expected trend for today: Bearish
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