Crude oil price awaits the breach – Analysis - 15-09-2021

2021-09-15 04:15:30 GMT (Economies.com)
 

Crude oil price provided temporary negative trades yesterday to lean on 70.00 barrier and rebounds bullishly to test 71.05 level again, to keep the bullish trend scenario valid and active for the upcoming period, waiting to breach the mentioned level to confirm opening the way to head towards our next positive target at 73.30.

 

The EMA50 continues to support the expected bullish trend, which will remain valid unless breaking 69.25 level and holding below it.

 

The expected trading range for today is between 69.50 support and 72.50 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1622
0.0011
0.0934%
1.3758
0.0019
0.1405%
Tadawul
11886.38
40.45
0.34%
24.404
1.091
4.680%
84.551
1.205
1.446%
86.00
0.42
0.49%
1799.785
30.045
1.698%
 
 
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