Midday update for Crude oil 10-02-2021

Economies.com
2021-02-10 11:18AM UTC

Crude oil price rallies upwards strongly to surpass the minor resistance that appears on the chart, which supports the continuation of our bullish overview efficiently for the rest of the day, and the way is open to head towards our next main target at 59.70, reminding you that the continuation of the bullish wave requires holding above 57.50.

 

The expected trading range for today is between 57.00 support and 60.00 resistance.

The expected trend for today: Bullish

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