Crude oil faces negative pressure – Analysis - 18-09-2018
Economies.com
2018-09-18 03:45AM UTC
Crude oil price ended yesterday at 68.73, starting today with bearish bias to move below it, which hints the price head to test 67.91 level before any new attempt to resume the main bullish trend.
Therefore, the bearis bias will be suggested for today unless the price managed to hold above 68.73 again, noting that breaking 67.91 will push the price to visit 67.08 level direct.
Expected trading range for today is between 67.00 support and 70.00 resistance.
Expected trend for today: Bearish
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