Midday update for Crude oil 13-08-2018
Economies.com
2018-08-13 10:00AM UTC
Crude oil price begins to provide slight negative trades that hint heading to resume the expected bearish trend for today, motivated by the negative signal provided by stochastic, to keep the bearish trend scenario active for today, supported by the EMA50, waiting to target 65.00 level initially, reminding you that the continuation of the expected decline depend on holding below 68.06.
Expected trading range for today is between 65.50 support and 69.00 resistance.
Expected trend for today: Bearish
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