Crude oil price breaches the resistance – Analysis - 21-06-2022

Economies.com
2022-06-21 04:09AM UTC

Crude oil price opened today’s trading with strong rise to breach 109.15 and settles above it, to stop the recently suggested negative scenario and head to achieve expected gains in the upcoming sessions, targeting 113.70 areas mainly.

 

Therefore, the bullish bias will be suggested for today unless breaking 109.15 and holding below it again.

 

The expected trading range for today is between 108.00 support and 113.00 resistance.

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The expected trend for today: Bullish

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