Crude oil price tests the support base – Analysis - 26-02-2021
Economies.com
2021-02-26 04:57AM UTC
Crude oil price returns to test the minor support base 62.95 and still above it until now, which keeps our bullish overview valid, organized inside the bullish channel that appears on the chart, waiting to head towards 65.60 that represents our next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 62.40.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bullish
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