Crude oil price keeps its positive stability – Analysis - 05-01-2022
Economies.com
2022-01-05 05:03AM UTC
Crude oil price settles above the key support base 76.40, getting good positive support by the EMa50, waiting to resume the bullish trend that targets 79.80 as a next main station.
Note that breaking 76.40 followed by 75.60 levels will stop the expected rise and press on the price to test 73.60 areas before any new attempt to rise.
The expected trading range for today is between 75.40 support and 78.50 resistance.
The expected trend for today: Bullish
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