Midday update for Crude oil 14-10-2021
Economies.com
2021-10-14 09:22AM UTC
Crude oil price confirmed the bullish flag pattern after consolidating above its breached resistance line, which supports the continuation of our bullish overview efficiently for the rest of the day, and the way is open to head towards our first expected target at 82.70, noting that the EMA50 continues to support the bullish wave, which will remain valid unless breaking 79.40 and holding below it.
The expected trading range for today is between 79.60 support and 82.50 resistance.
The expected trend for today: Bullish
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