Midday update for Crude oil 15-06-2021
Economies.com
2021-06-15 09:00AM UTC
Crude oil price keeps its stability inside the bullish channel, to provide positive chances to resume the bullish trend, but it needs to breach 71.45 to confirm the continuation of the bullish wave that targets 72.20 followed by 74.00 levels as next main stations.
Until now, we will continue with our neutrality until the price confirms breaching 71.45 resistance or breaking 70.70 support to detect the next destination clearly.
The expected trading range for today is between 69.35 support and 72.20 resistance.
The expected trend for today: Depends on the above mentioned levels
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