End of day analysis for Crude oil 17-10-2018

Economies.com
2018-10-17 17:34PM UTC

Crude oil price declined strongly to break 70.66 level and settles below it, showing more decline on its way toward sour next waited target at 69.19, which supports the continuation of our bearish overview in the upcoming sessions, noting that closing the daily candlestick below 70.66 will add more confirmation to the continuation of the suggested negative scenario.

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