Midday update for Crude oil 04-11-2021
Economies.com
2021-11-04 10:30AM UTC
Crude oil price trades with clear positivity after 79.85 level formed solid support against the price, to head towards regaining the main bullish trend, making the bullish bias suggested for the rest of the day unless breaking 79.85 level and holding below it, noting that the targets begin by testing 82.60 and extend to 84.45 after surpassing the previous level.
The expected trading range for today is between 80.00 support and 83.00 resistance.
The expected trend for today: Bullish for the rest of the day
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