The natural gas presses on the extra support – Analysis – 25-7-2019

Economies.com
2019-07-25 07:37AM UTC

The natural gas price formed a new bearish wave to press on 2.225 level, which formed an extra support against the last negative attempts, noticing stochastic attempt to provide a new negative momentum by reaching below 50 level, to increase the chances for breaking the current support and begin targeting new negative levels that begin at 1.950 reaching to 1.600.

 

The expected trading range for today is between 2.5800 and 1.950

 

The expected trend for today: Bearish

 

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