End of day analysis for Crude oil 19-10-2018

Economies.com
2018-10-19 18:03PM UTC

Crude oil price traded positively to breach 69.19 level and settles above it, which urges caution from the upcoming trading, as holding above it will push the price to achieve more gains and test 70.66 level initially, noticing that stochastic loses its positive momentum to support the chances of resuming the recently suggested bearish trend scenario, which its next target located at 66.85.

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