Midday update for Crude oil 28-01-2019
Economies.com
2019-01-28 10:34AM UTC
Crude oil price tests the EMA50 that forms good support base now to protect the recently suggested positive scenario, waiting to resume the bullish bias to breach 54.40 level and open the way to achieve our next positive targets that begin at 57.46 followed by 60.00.
In general, we will keep our bullish overview for today conditioned by the price stability above 51.46.
Expected trading range for today is between 52.50 support and 55.50 resistance.
Expected trend for today: Bullish
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