Midday update for Crude oil 13-12-2021
Economies.com
2021-12-13 11:20AM UTC
Crude oil price faces negative pressure after reaching 73.00$ barrier, affected by stochastic negativity, and as long as the price is above 70.85, our bullish overview will remain valid and active for today, supported by the EMA50, reminding you that our targets begin at 73.60 and extend to 76.40 after surpassing the previous level.
The expected trading range for today is between 71.20 support and 74.50 resistance.
The expected trend for today: Bullish
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