Midday update for Crude oil 28-12-2018
Economies.com
2018-12-28 10:30AM UTC
Crude oil price fluctuates around 45.46 level, while stochastic loses its positive momentum gradually, waiting to motivate the price to resume the main bearish trend, which its next main target located at 40.00, reminding you that the stability of the daily close above 45.46 will push the price to start recovery attempts that target 47.00 followed by 50.00 levels initially.
Expected trading range for today is between 43.00 support and 47.00 resistance.
Expected trend for today: Bearish
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