Commodities

End of day analysis for Crude oil 23-08-2019

2019-08-23 18:16:49 GMT (Economies.com)

Crude oil price traded with strong negativity to succeed achieving our first negative target at 54.47 and broke it to settle below it now, which supports the chances of extending the bearish wave on the short term basis, which its next target reach 51.61, while holding below 54.47 represents the first condition to continue the expected decline.

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