Crude oil price surpasses the resistance – Analysis - 22-09-2021

2021-09-22 04:24:05 GMT (Economies.com)
 

Crude oil price managed to breach 71.05 level and close the last four hours’ candlestick above it, which supports the expectations of continuing the main bullish trend, as the price returns to the bullish channel that its next target located at 73.30.

 

Therefore, we will keep our bullish overview conditioned by the price stability above 70.75.

 

The expected trading range for today is between 70.00 support and 73.00 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1606
0.0036
0.3139%
1.3751
0.0123
0.9053%
Tadawul
11773.36
25.09
0.21%
23.335
0.700
3.090%
82.022
0.902
1.112%
84.86
0.86
1.02%
1767.855
13.150
0.749%
 
 
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