Commodities

Update: Crude oil price resumes the decline

2020-01-13 18:18:20 GMT (Economies.com)

Crude oil price resumed its negative trading to approach our waited target at 57.40, and it is important to monitor the price at this level, as breaking it will extend the bearish wave to target 54.60 areas on the near term basis, while holding against the negative pressure will lead the price to start new recovery attempts to head towards 6.90 mainly.

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