Natural gas price achieves some positive targets – Analysis – 18-2-2021
Economies.com
2021-02-18 06:44AM UTC
Natural gas formed new bullish channel recently, as 2.510 level forms the extension of the main support, to notice recording some positive targets by reaching 3.200, while the settling above 50% Fibonacci correction level at 3.150 and stochastic crawl towards the overbought aeras increase the chances of resuming the bullish attack, to expect rallying towards 3.550 followed by reaching 3.820 resistance line, forming the main target for now.
The expected trading range for today is between 3.150 and 3.550
The expected trend for today: Bullish
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