Crude oil price resumes the rise – Analysis - 24-11-2020

Economies.com
2020-11-24 02:39AM UTC

Crude oil price begins today’s trading with bullish bias to start attempts to surpass 43.05 barrier that formed good resistance against te price yesterday, which supports the continuation of our bullish overview in the upcoming sessions, paving the way to head towards 43.75 followed by 44.80 levels that represent our next main targets.

 

Therefore, we are waiting for more rise today conditioned by the price stability above 42.30 and 41.60 levels.

 

The expected trading range for today is between 42.00 support and 45.00 resistance.

The expected trend for today: Bullish

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