Crude oil price begins with more positivity – Analysis - 28-09-2021

Economies.com
1 year ago

Crude oil price opens today’s trading with new bullish rally to surpass 76.00 barrier and opens the way to reach our main expected target at 76.95, and we suggest surpassing this level to head towards the bullish channel’s resistance at 78.60.

 

Therefore, the bullish trend will remain dominant on the intraday and short term basis, noting that holding above 73.30 represents key condition to continue the expected rise.

 

The expected trading range for today is between 75.00 support and 78.00 resistance.

The expected trend for today: Bullish

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