Update: Crude oil retests
Economies.com
2015-07-28 16:17PM UTC
Crude oil price traded with clear positivity to retest 48.40 level, as it keeps its stability below it until now, which keeps the negative scenario valid for the upcoming period, supported by the EMA50.
Stochastic positivity interprets the reasons of the current bullish rally, noting that the bearish channel’s resistance declines now to be located at 49.10.
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