Midday update for Crude oil 16-04-2021
Economies.com
2021-04-16 10:31AM UTC
Crude oil price continues to crawl upwards to approach 64.00 barrier, to keep the bullish trend scenario valid and active for the rest of the day, affected by the previously completed double bottom pattern, reminding you that our next main target extends to 67.95, while achieving it requires holding above 62.20.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bullish
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