Midday update for Crude oil 27-08-2018
Economies.com
2018-08-27 10:08AM UTC
Crude oil price fluctuates near the key support 68.06, and stochastic continues to gather the positive momentum and approaching the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which depends on the price stability above the mentioned level, reminding you that our main targets begin by breaching 69.44 to confirm extending the bullish wave towards 70.82.
Expected trading range for today is between 67.15 support and 70.82 resistance.
Expected trend for today: Bullish
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