Crude oil price keeps its negative stability – Analysis - 25-11-2021
1 year ago

Crude oil price didn’t show any strong move since yesterday, to fluctuate around the EMA50, keeping its stability below 78.95, therefore, no change to the bearish trend scenario that depends on the price stability below the mentioned level and the most important below 79.85, reminding you that our first main target is located at 76.40.


The expected trading range for today is between 76.40 support and 79.50 resistance.

The expected trend for today: Bearish

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