Midday update for Crude oil 12-01-2021

Economies.com
2021-01-12 09:50AM UTC

Crude oil price shows more rise to approach 53.00 barrier, reinforcing the expectations of continuing the main bullish trend, which its next target located at 54.62, reminding you that the continuation of the bullish wave requires holding above 51.40.

 

The expected trading range for today is between 51.00 support and 54.00 resistance.

The expected trend for today: Bullish

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