Midday update for Crude oil 23-02-2018
Economies.com
2018-02-23 11:40AM UTC
Crude oil price shows negative trading now to move below 62.65, affected by stochastic negativity, which might push the price to test 61.40 areas before turning back to rise again.
In general, we will keep our bullish overview for today conditioned by the price stability above 61.40, as the price is organized inside the bullish channel that appears on the chart, reminding you that our next main target is located at 64.20.
Expected trading range for today is between 61.40 support and 64.20 resistance.
Expected trend for today: Bullish
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