Midday update for Crude oil 10-10-2018
Economies.com
2018-10-10 09:56AM UTC
Crude oil price leans on the main bullish channel’s support line and attempts to build new bullish wave, to keep the bullish trend active for today, depending on the price stability above 73.94, and the price gets continuous positive support by the EMA50, reminding you that our next target is located at 76.88, while breaking 73.94 represents negative factor that will put the price under the correctional bearish pressure again.
Expected trading range for today is between 73.50 support and 76.50 resistance.
Expected trend for today: Bullish
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