Midday update for Crude oil 02-08-2022

2022-08-02 08:59:38 GMT (Economies.com)
 

Crude oil price tests the bearish channel’s resistance and keeps its stability below it, to start declining now and attempts to move away from this resistance, to keep the bearish trend scenario active for today, which its next target located at 89.60, while holding below 93.50 represents key condition to achieve it.

 

The expected trading range for today is between 89.60 support and 94.50 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0511
-0.0079
0.7414%
1.2201
-0.0104
0.8474%
22.733
-0.423
1.829%
73.066
-8.409
10.321%
78.32
1.09
1.41%
1785.750
-9.810
0.546%
 
 
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