Crude oil price achieves more gains – Analysis - 13-01-2021
Economies.com
2021-01-13 05:33AM UTC
Crude oil price continues to rise to reach 54.00$ barrier, moving inside an intraday bullish channel that supports the expectations of achieving more gains, reminding you that our next target is located at 54.62, which breaching it represents the key to head towards 56.00 as a next station.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 53.00.
The expected trading range for today is between 52.50 support and 55.60 resistance.
The expected trend for today: Bullish
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