Midday update for Crude oil 14-09-2023

Economies.com
2023-09-14 09:42AM UTC

Crude oil price crawls upwards to attempt to resume the expected bullish wave for today, waiting to visit 90.00 as a first target, noting that breaching it will push the price to 91.65 as a next positive station.

 

The EMA50 continues to support the suggested bullish wave, besides the positive signals provided by stochastic, reminding you that it is important to hold above 88.10 to achieve the waited targets.

 

The expected trading range for today is between 88.10 support and 90.70 resistance.

 

The expected trend for today: Bullish

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