Crude oil price keeps rising – Analysis - 15-09-2023
1 week ago

Crude oil price shows more bullish bias to reach 91.00 barrier now, waiting to continue the rise to reach the main bullish channel’s resistance that rises now to 91.90.


The bullish channels continue to organize the bullish wave, and breaching the mentioned level will push the price to achieve additional gains that reach 93.00 areas, noting that breaking 89.35 will stop the expected bullish trend and push the price to start correctional bearish wave on the intraday basis.



The expected trading range for today is between 89.60 support and 92.70 resistance.


The expected trend for today: Bullish

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