Crude oil price achieves the extended targets – Analysis - 09-06-2022
Economies.com
2022-06-09 04:10AM UTC
Crude oil price rallied upwards strongly yesterday to surpass 119.35 and reach few pips away from our extended target at 121.50, paving the way to achieve more gains on the short term and medium term basis, to head towards visiting 123.40 areas as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 119.35 and holding below it.
The expected trading range for today is between 119.00 support and 123.00 resistance.
The expected trend for today: Bullish
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