Midday update for Crude oil 09-11-2021
Economies.com
2021-11-09 10:28AM UTC
Crude oil price managed to breach the resistance line that appears on the chart and attempts to hold above it, which supports the continuation of our bullish overview efficiently for the rest of the day, and the way is open to achieve our first waited target at 83.80, which breaching it represents the key to head towards 85.40 as a next target, while holding above 81.80 represents the first condition to continue the expected rise.
The expected trading range for today is between 81.50 support and 83.50 resistance.
The expected trend for today: Bullish
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