End of day analysis for Crude oil 28-05-2020
Economies.com
2020-05-28 17:19PM UTC
Crude oil price rallied upwards to breach 32.50 to head towards 34.60 and approaches it now, which hints that the price is on its way to regain the main bullish trend, noting that breaching the last level will extend the bullish wave to target 36.00 areas on the near term basis, while trading below 32.50 again will reactivate the bearish trend scenario that its main target located at 28.80.
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