End of day analysis for Crude oil 12-11-2018

Economies.com
2018-11-12 18:41PM UTC

Crude oil price trades negatively now after holding below the bearish channel’s resistance, motivated by the negative overlapping signal provided now by stochastic, waiting for more decline in the upcoming sessions, as our next target is located at 58.00, noting that the continuation of the bearish bias depends on the price stability below 61.60.

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