Crude oil price builds support base – Analysis - 15-03-2021
Economies.com
2021-03-15 05:10AM UTC
Crude oil price settles above 65.80, and attempts to build support base above this level to reinforce the continuation of the recently suggested positive scenario, which gets continuous support by the EMA50, waiting to head towards 67.85 followed by 68.75 levels as next main targets.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 65.15 followed by 64.55 levels and holding below them.
The expected trading range for today is between 65.00 support and 67.85 resistance.
The expected trend for today: Bullish
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