End of day analysis for Crude oil 11-10-2018

Economies.com
2018-10-11 18:03PM UTC

Crude oil price resumed its negative trading strongly to approach our first waited target at 70.66, and we expect the continuation of the negative pressure supported by the EMA50, reminding you that breaking the mentioned level will push the price towards 69.19 as a next station, while the expected decline will remain valid unless breaching 72.12 and holding above it.

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