Midday update for Crude oil 17-12-2019
Economies.com
2019-12-17 10:48AM UTC
Crude oil price fluctuates within tight track since morning and moves near the intraday bullish channel’s support line that appears on the chart, and as long as the price is above 59.05, the bullish trend scenario will remain active for today, supported by the EMA50, reminding you that our waited targets begin at 60.90 and extend to 62.30 after breaching the previous level.
The expected trading range for today is between 59.05 support and 61.50 resistance.
The expected trend for today: Bullish
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