Midday update for Crude oil 24-11-2017

Economies.com
2017-11-24 10:30AM UTC

Crude oil price resumes its positive trading after building support base above 58.00, thus, we will continue to suggest the bullish trend in the upcoming sessions, waiting to visit 61.15 level that represents our next main target, noting that the EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 57.55.

 

Expected trading range for today is between 57.55 support and 61.00 resistance.

 

Expected trend for today: Bullish

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