Crude oil price begins negatively – Analysis - 15-04-2019
Economies.com
2019-04-15 04:28AM UTC
Crude oil price opened today’s trading with clear negativity to attack the key support 63.70, but it attempts to rise again, noting that we depend on the stability of the daily close above this level and the most important above 63.30 to continue suggesting the bullish trend in the upcoming sessions, which its main targets begin by breaching 64.90 level to open the way to head towards 67.00 on the near term basis.
Therefore, the bullish bias will remain expected for today supported by the EMA50, conditioned by the price stability above 63.30.
The expected trading range for today is between 62.50 support and 66.00 resistance.
The expected trend for today: Bullish
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