Midday update for Crude oil 21-08-2019
Economies.com
2019-08-21 09:38AM UTC
Crude oil price didn’t show any strong move since morning, to keep flcutauting near the bearish channel’s resistance, as long as the price is below 7.33, so our bearish trend expectations will remain active, supported by stochastic move at the overbought levels, reminding you that the initial main target is located at 54.47.
The expected trading range for today is between 54.47 support and 57.33 resistance.
The expected trend for today: Bearish
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