End of day analysis for Crude oil 27-01-2021

Economies.com
2021-01-27 18:30PM UTC

Crude oil price reached few pips away from our first waited target at 51.70 and shows new positive trades to move at 53.00 barrier, noting that we continue to suggest the bearish trend for the upcoming period as long as 53.75 level remains intact, reminding you that surpassing the mentioned target will push the price to 49.70 as a next station.

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