Midday update for Crude oil 15-03-2023
Economies.com
2 weeks ago
Crude oil price shows new negative trades in attempt to resume the expected bearish trend for today, to keep the negative scenario that its targets begin at 70.30 and extend to 68.50 after breaking the previous level.
The EMA50 continues to support the expected bearish wave, reminding you that holding below 73.60 represents the first condition to continue the suggested decline.
The expected trading range for today is between 69.50 support and 71.50 resistance.
The expected trend for today: Bearish
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