Commodities

End of day analysis for Crude oil 13-08-2019

2019-08-13 19:36:54 GMT (Economies.com)

Crude oil price rallied upwards strongly to succeed touching our waited positive target at 57.33, and it finds strong resistance there that might force the price to provide some temporary negative trades before resuming the positive attempts again, noting that breaching the mentioned level will push the price towards 60.86 as a next main station, while failing to breach will press on the price to visit 54.47 mainly.

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