Midday update for Crude oil 23-10-2020
Economies.com
2020-10-23 10:37AM UTC
Crude oil price settles around 40.80 level since morning, and as long as the price is below 41.60, our bearish overview will remain valid for today, supported by stochastic negativity, reminding you that we are waiting to visit 39.30 followed by 38.10 levels as next main stations.
The expected trading range for today is between 39.00 support and 42.00 resistance.
The expected trend for today: Bearish
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