End of day analysis for Crude oil 24-01-2020

2020-01-24 19:50:27 GMT (

Crude oil price managed to break 54.60 level to approach closing the week below it, which reinforces the expectations of extending the bearish wave on the short term basis, paving the way to head towards 51.80 that represents our next main target, noting that holding below 54.60 represents initial condition to continue the suggested bearish trend.

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