Midday update for Crude oil 27-03-2019
Economies.com
2019-03-27 10:19AM UTC
Crude oil price shows slight negative trades but it continues to fluctuate around the bullish channel’s support line, while stochastic begins to get rid of its negative momentum gradually, waiting to get enough positive momentum to push the price to continue the main bullish trend, which targets 64.90 level mainly, while its continuation conditions holding above 59.15.
The expected trading range for today is between 59.00 support and 62.00 resistance.
The expected trend for today: Bullish
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