Midday update for Crude oil 26-03-2019
Economies.com
2019-03-26 10:19AM UTC
Crude oil price shows slight positive trades to approach the key resistance 59.60, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend scenario active for today, which its next main target located at 57.46, noting that breaching 59.60 and holding above it will push the price to resume the main bullish trend that its next main target located at 64.90.
The expected trading range for today is between 57.46 support and 60.50 resistance.
The expected trend for today: Bearish temporarily
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