Midday update for Crude oil 17-09-2020
Economies.com
2020-09-17 09:31AM UTC
Crude oil price rallies upwards strongly and begins attempts to surpass 40.00 barrier, which supports the continuation of our bullish overview for the rest of the day, which targets 41.85 areas mainly, noting that the EMA50 and stochastic support the expected rise, which will remain valid unless breaking 39.05 level and holding below it.
The expected trading range for today is between 38.70 support and 41.85 resistance.
The expected trend for today: Bullish
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