Midday update for Crude oil 20-11-2019
Economies.com
2019-11-20 10:43AM UTC
Crude oil price shows additional negative trades to approach our waited target at 54.60, and we suggest the continuation of the negative pressure to break this level and open the way to extend the bearish wave to reach 51.80 on the near term basis, reminding you that the continuation of the expected decline conditions holding below 57.40.
The expected trading range for today is between 53.70 support and 56.50 resistance.
The expected trend for today: Bearish
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