Midday update for Crude oil 11-09-2019

Economies.com
2019-09-11 10:51AM UTC

Crude oil price shows sideways and tight range trading since morning and keeps its stability above 57.33 level, keeping the bullish trend scenario active for today, supported by the positive overlapping signal that comes stochastic, waiting for resuming the bullish bias that targets 60.86 level as a next main station.

 

The expected trading range for today is between 57.00 support and 60.00 resistance.

 

The expected trend for today: Bullish

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