Midday update for Crude oil 27-11-2018

Economies.com
2018-11-27 10:40AM UTC

Crude oil price trades with calm negativity since morning to move below 51.46, which supports the continuation of our main bearish trend overview, which its next targets located at 50.00 followed by 49.10, while holding below 51.46 represents main condition to continue the suggested bearish trend.

 

Expected trading range for today is between 49.50 support and 52.50 resistance.

 

Expected trend for today: Bearish

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