Midday update for Crude oil 26-02-2019
Economies.com
2019-02-26 10:52AM UTC
Crude oil price shows some slight bullish bias now, but as long as the price is below 56.05, our bearish overview will remain active for today, supported by moving below the EMA50, waiting to test 54.50 and might extend to 54.00 before attempting to regain the main bullish trend again.
The expected trading range for today is between 54.00 support and 56.50 resistance.
The expected trend for today: Bearish temporarily
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