Midday update for Crude oil 04-05-2021
Economies.com
2021-05-04 08:35AM UTC
Crude oil price begins providing positive trades now to move away gradually from 64.35 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, which target 65.60 level as a first station, which breaching it represents the key to rally towards 67.95 as a next positive station, reminding you that it is important to hold above 64.35 as a first condition to continue the suggested positive scenario.
The expected trading range for today is between 63.30 support and 66.40 resistance.
The expected trend for today: Bullish
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