Crude oil price faces solid resistance – Analysis - 30-07-2021
Economies.com
2021-07-30 04:01AM UTC
Crude oil price finds solid resistance at 73.30, to fluctuate around it now, waiting to get positive momentum that assist to push the price to surpass this level and confirm extending the bullish wave towards 75.00 as a next positive target.
In general, we will continue to suggest the bullish trend for the upcoing period supported by the EMA50 unless breaking 71.05 and holding with a daily close below it.
The expected trading range for today is between 72.00 support and 75.00 resistance.
The expected trend for today: Bullish
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