Midday update for Crude oil 08-06-2022
Economies.com
2022-06-08 09:32AM UTC
Crude oil price shows calm positive trades to crawl towards our first waited target at 119.35, waiting for more rise to surpass this level and open the way to head towards 121.50.
In general, the bullish trend scenario will remain valid for today unless breaking 116.00 and holding below it.
The expected trading range for today is between 116.00 support and 120.50 resistance.
The expected trend for today: Bullish
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