Midday update for Crude oil 22-08-2019
Economies.com
2019-08-22 10:00AM UTC
Crude oil price finds a difficulty to surpass the EMA50 until now, waiting for getting a negative motive that supports the chnaces for continuing the expected bearish trend in the upcoming period, targeting 54.47 level as an initial main station, while holding below 57.33 represents an important condition for achieving it.
The expected trading range for today is between 53.50 support and 57.00 resistance.
The expected trend for today: Bearish
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