Midday update for Crude oil 21-11-2018
Economies.com
2018-11-21 10:55AM UTC
Crude oil price trdes positively since morning to approach testing the key resistance 54.75, and the price needs to hold below this level to keep the bearish trend active for today, as breaching it will lead the price to achieve more gains for the rest of the day, while the next negative target of the suggested bearish wave is located at 51.46.
Expected trading range for today is between 52.00 support and 56.00 resistance.
Expected trend for today: Bearish
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