Crude oil price keeps achieving the positive targets – Analysis - 27-09-2021
1 year ago

Crude oil price opened today’s trading with strong rise to succeed achieving our extended target at 75.00, expecting the continuation of the bullish trend domination for the upcoming sessions to head towards 76.95 as a next main station, as the price is organized inside the bullish channel that appears on the chart, which carries the price to achieve more gains.


Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, supported by the EMA50, noting that holding above 73.30 is important to continue the expected rise.


The expected trading range for today is between 73.50 support and 76.60 resistance.

The expected trend for today: Bullish

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