Midday update for Crude oil 30-03-2020
Economies.com
2020-03-30 10:16AM UTC
Crude oil price shows sideways and tight trades since morning, settling around 22.00, thus, no change to the bearish trend scenario that depends on the price stability below 22.80 and 23.70 levels, waiting to test 20.00 level mainly, noting that the EMA50 continues to support the suggested bearish wave.
The expected trading range for today is between 20.00 support and 23.70 resistance.
The expected trend for today: Bearish
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