Midday update for Crude oil 18-10-2019
Economies.com
2019-10-18 10:44AM UTC
Crude oil price fluctuates around 54.00$ barrier, while stochastic shows clear overbought signals, waiting to motivate the price to resume the expected bearish trend for today, which conditions the price stability below 54.60, while our next main target is located at 51.80.
The expected trading range for today is between 51.80 support and 55.00 resistance.
The expected trend for today: Bearish
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