Midday update for Crude oil 20-11-2020
Economies.com
2020-11-20 11:04AM UTC
Crude oil price shows positive trades now to approach the key resistance 42.45, and as we mentioned this morning, breaching this level is required to confirm rallying towards 43.75 followed by 44.80 levels that represent our next main targets, to keep our bullish overview in the upcoming sessions unless breaking 40.05 level and holding below it, reminding you that the EMA50 keeps supporting the suggested rise.
The expected trading range for today is between 40.50 support and 43.75 resistance.
The expected trend for today: Bullish
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