Midday update for Crude oil 21-03-2019

Economies.com
2019-03-21 10:59AM UTC

Crude oil price settles around 60.00 level, and as long as the price is above 58.85, our bullish overview will remain active for today, as the price is organized inside the main bullish channel that supports the chances of heading towards 64.90 that represents our next main target, noting that the EMA50 supports the continuation of the suggested rise.

 

The expected trading range for today is between 58.85 support and 62.00 resistance.

 

The expected trend for today: Bullish

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