Midday update for Crude oil 13-01-2020

Economies.com
2020-01-13 10:14AM UTC

Crude oil price didn’t show any strong move since morning, keeping the flcutaution near 59.00, therefore, there is no change on the bearish trend that targets 57.40 level mainly, while holding below 60.90 level represents an important condition for the suggested decline.

 

The expected trading range for today is between 57.40 support and 60.00 resistance.

 

The expected trend for today: Bearish

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