Midday update for Crude oil 13-03-2023
Economies.com
2023-03-13 10:39AM UTC
Crude oil price faces negative pressure to head towards potential test to the key support 75.64, and as we mentioned this morning, this level represents one of the trend keys besides 77.55 resistance, as the price needs to surpass one of these levels to detect its next destination clearly.
Therefore, we will continue with our neutrality until now, while the details of the expected targets after the breach are explained in our morning report.
The expected trading range for today is between 75.10 support and 78.50 resistance.
The expected trend for today: Neutral
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