Midday update for Crude oil 26-03-2020

Economies.com
2020-03-26 11:24AM UTC

Crude oil price did not show any strong move since morning, to coninue fluctuating around the EMA50, thus, no change to the bullish trend scenario that depends on the price stability above 24.25, supported by stochastic positivity, reminding you that our waited targets begin at 27.65 and extend to 28.60.

 

The expected trading range for today is between 24.00 support and 28.00 resistance.

 

The expected trend for today: Bullish

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