End of day analysis for Crude oil 22-01-2020

Economies.com
2020-01-22 18:05PM UTC

Crude oil price managed to break 57.40 level and closed the last four hours’ candlestick below it, which supports the continuation of our bearish overview in the upcoming sessions, paving the way to head towards 54.60 that represents our next main station, noting that holding below 57.40 represents initial condition to continue the suggested decline.

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