Crude oil price reaches the second target target – Analysis - 18-01-2022
Economies.com
2022-01-18 05:21AM UTC
Crude oil price resumes its positive trades clearly by today’s open to reach the thresholds of the second waited target at 85.40, waiting for more rise to surpass this level and open the way to head towards 86.50 as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to breach 85.40 might press on the price to test 82.70 areas initially before any new attempt to rise.
The expected trading range for today is between 83.70 support and 86.50 resistance.
The expected trend for today: Bullish
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