End of day analysis for Crude oil 16-10-2018
Economies.com
2018-10-16 17:46PM UTC
Crude oil price shows new test to the first key resistance 72.12, which urges caution from the upcoming trading, as breaching this level will push the price to test the most important resistance at 73.07 before any new negative attempt, while the EMA50 and stochastic provide negative signals that we expect to assist to push the price to decline towards 70.66.
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