Midday update for Crude oil 15-10-2018

Economies.com
2018-10-15 09:41AM UTC

Crude oil price resumes its negative trading to move below 72.12, which supports the continuation of our bearish overview for today, which its targets begin at 70.66 and extend to 69.19 after breaking the previous level, reminding you that the continuation of the expected decline depends on holding below 72.12 and the most important below 73.07.

 

Expected trading range for today is between 70.00 support and 73.07 resistance.

 

Expected trend for today: Bearish

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