Midday update for Crude oil 30-04-2019

Economies.com
2019-04-30 09:38AM UTC

Crude oil price shows slight positive trades since morning in attempt to move away from the main bullish channel’s support line, which supports the continuation of the expected bullish trend scenario for today, which depends on the price stability above 63.00, while our main targets are located at 64.90 and extend to 67.00 after breaching the previous level.

 

The expected trading range for today is between 62.40 support and 65.50 resistance.

 

The expected trend for today: Bullish

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