Evening update for Crude oil 06-01-2022

Crude oil price succeeded to achieve our waited target at 79.40 and finds solid resistance there, and it might rebound bearishly on the intraday basis before surpassing this level and extend the bullish wave on the longer term basis, taking into consideration that failing to breach the mentioned level will force the price to test 77.05 areas and might extend to 76.40 before any new attempt to rise.