End of day analysis for Crude oil 08-10-2019

Economies.com
2019-10-08 18:20PM UTC

Crude oil price made new test to 51.80 level without managing to break it until now, waiting to confirm the break to open the way to head towards 50.00 as a next target, to continue suggesting the bearish trend in the upcoming period unless breaching 54.60 and holding above it, noting that the EMA50 continues to support the suggested bearish wave.

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