Crude oil price awaits the confirmation signal – Analysis - 26-04-2021
Economies.com
2021-04-26 01:09AM UTC
Crude oil price still stuck between the trend confirmation levels represented by 62.20 resistance and the support line that rises now to 61.10, which makes us continue with our neutrality until breaching one of these levels followed by determining the next destination clearly.
We remind you that breaching the mentioned resistance will push the price to recover and achieve positive targets that reach 65.00, while breaking the support represents negative factor that will press on the price to test 59.85 initially.
The expected trading range for today is between 60.60 support and 63.50 resistance.
The expected trend for today: Neutral
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