Midday update for Crude oil 15-10-2021

Economies.com
1 year ago

Crude oil price continues to rise to test 82.00 barrier, waiting for more bullish bias to head towards our next positive target at 83.00, to continue suggesting the bullish trend for today unless breaking 80.80 level and holding below it, noting that the EMA50 continues to support the suggested bullish wave.

 

The expected trading range for today is between 80.50 support and 83.50 resistance.

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The expected trend for today: Bullish

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