Crude oil price forecast update 28-03-2024
2024-03-28 10:19AM UTC

Crude Oil Price Analysis

  1. Crude oil price settles around 82.00$ level since morning, and didn’t show any strong move in the previous sessions, thus, no change to the expected bullish trend for today, which its targets begin by breaching 82.40$ to open the way to head towards 83.56$ as a next positive station, noting that the consolidation of the mentioned level against the positive attempts will stop the expected rise and push the price to visit 80.68$ mainly.

Expected Trading Range

  • Support: 81.00$
  • Resistance: 83.80$
Trend forecast: Bullish

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