Crude oil resumes rising – Analysis - 27-09-2018
Economies.com
2018-09-27 04:06AM UTC
Crude oil price bounced upwards clearly after testing 71.38 level yesterday, which supports the continuation of the bullish trend efficiently in the upcoming sessions, motivated by stochastic positivity, waiting to target 73.30 followed by 74.10 levels as next main stations.
The EMA50 keeps supporting the suggested bullish wave, organized inside the bullish channel that appears on the chart, reminding you that the continuation of the expected rise depends on holding above 71.38.
Expected trading range for today is between 71.00 support and 74.10 resistance.
Expected trend for today: Bullish
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