Crude oil price faces solid resistance – Analysis - 28-06-2021
Economies.com
2021-06-28 04:37AM UTC
Crude oil price continues to fluctuate around 74.00 and finds difficulty to consolidate above it, waiting to get enough positive momentum to push the price to continue the main bullish trend, which targets 75.55 level as a next main station.
In general, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, conditioned by the price stability above 72.50.
The expected trading range for today is between 73.00 support and 75.55 resistance.
The expected trend for today: Bullish
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