Midday update for Crude oil 20-11-2018

Economies.com
2018-11-20 10:18AM UTC

Crude oil price rebounds bearishly after testing 57.46 level, to keep the bearish trend scenario valid for the rest of the day, which its next main target located at 54.75, reminding you that holding below 57.46 is important to continue the suggested bearish trend.

 

Expected trading range for today is between 55.00 support and 58.75 resistance.

 

Expected trend for today: Bearish

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