End of day analysis for Crude oil 12-10-2018

Economies.com
2018-10-12 20:05PM UTC

Crude oil price resumes its negative trading to test 70.66 level without managing to break it until now, noticing that stochastic loses its positive momentum now to approach the overbought areas, waiting to motivate the price to continue the decline and break the mentioned level to rally towards 69.19 as a next station, reminding you that the continuation of the expected decline depends on holding below 72.12 and 73.07 levels.

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