Crude oil price keeps achieving gains – Analysis - 23-04-2019
Economies.com
2019-04-23 04:12AM UTC
Crude oil price continues to rise to reach 66.00$ barrier’s thresholds, moving inside the bullish channels that appear on the above chart, supported by the EMA50 that keeps carrying the price from below, which supports the expectations of achieving more gains on the short term basis, reminding yout ha tour next target is located at 67.00.
Holding above 64.90 and 64.35 levels is important to continue the expected bullish wave, as breaking it will press on the price to test 62.35 areas before any new attempt to rise.
The expected trading range for today is between 64.90 support and 67.50 resistance.
The expected trend for today: Bullish
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