Midday update for Crude oil 24-01-2020
Economies.com
2020-01-24 11:17AM UTC
Crude oil price begins to provide bearish turn signals, to support the expectations of resuming the expected bearish trend for today, which targets testing 54.60 level initially, reminding you that breaking this level will push the price to 51.80 as a next main station, reminding you that it is important to hold below 55.90 as an initial condition to continue the expected decline.
The expected trading range for today is between 54.00 support and 57.00 resistance.
The expected trend for today: Bearish
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