Natural gas price tests the initial support – Analysis – 11-9-2020
Economies.com
2020-09-11 07:23AM UTC
Natural gas price touched the initial support line at 2.280, affected by stochastic negativity that moves at the oversold areas.
Renewing the bullish attempts requires the stability above the current support, to expect rallying towards 2.480 followed by reaching the first main target at 2.780, while facing continuous negative pressures and declining below this support will confirm renewing the correctional bearish attempts to suffer additional losses that might extend to 2.080.
The expected trading range for today is between 2.280 and 2.480
The expected trend for today: Bullish
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