Midday update for Crude oil 01-03-2021

Economies.com
2021-03-01 10:22AM UTC

Crude oil price begins to breach the bullish flag’s resistance that appears on the chart, which supports the continuation of our bullish overview efficiently for today, which targets 63.90 followed by 95.10 levels as next main stations, reminding you that the continuation of the bullish wave depends on the price stability above 61.40.

 

The expected trading range for today is between 61.40 support and 64.00 resistance.

The expected trend for today: Bullish

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