Tuesday, 20 March 2018

Crude oil prices trading sideways@HighLight Updates

Crude oil prices are currently trading above the 20-day EMA near 4,035 levels, which is a positive sign for the prices. Intermediate resistance can be seen near 4,060 levels. A close above it can push prices higher towards 4,178 levels.

On the other hand, intermediate support can be seen near 4,020 levels. If prices slide below the prescribed level then it can come down to 3,950 levels.

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