Midday update for Crude oil 14-02-2019

Economies.com
2019-02-14 10:44AM UTC

Crude oil price begins the attempts to breach 54.50 level, which supports the continuation of our bullish overview efficiently for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that we are waiting to target 57.46 followed by 65.00 levels mainly, while holding above 53.25 represents key condition to achieve the suggested targets.

 

The expected trading range for today is between 53.00 support and 56.00 resistance.

 

The expected trend for today: Bullish

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