Midday update for Crude oil 31-01-2019

Crude oil price finds difficulty to confirm breaching 54.40 level to move below it now, waiting to get strong positive motive that that supports the expectations of continuing the bullish trend on the short term and medium term basis, reminding you that it is important to hold above 53.35 to continue the suggested bullish trend, which its next main targets located at 57.46 followed by 65.00.

Expected trading range for today is between 53.35 support and 57.00 resistance.

Expected trend for today: Bullish