Midday update for Crude oil 15-08-2019
Economies.com
2019-08-15 09:20AM UTC
Crude oil price resumes its negative trading to test 54.47 level, waiting for breaking this level to confirm the rally to the next correctional level that reaches to 51.61, being aware that the turn to the upside and surpassing 55.95 will stop the possibility of the negativity for today, and pushes the price to test 57.33 level directly.
The expected trading range for today is between 53.50 support and 56.50 resistance.
The expected trend for today: Bearish
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