Midday update for Crude oil 17-01-2022
Economies.com
2022-01-17 11:09AM UTC
Crude oil price shows slight bearish bias now, affected by stochastic negativity, and as long as the price is above 82.00, our bullish overview will remain valid and active for today, supported by the EMA50, reminding you that the next main target is located at 85.40.
The expected trading range for today is between 83.00 support and 85.40 resistance.
The expected trend for today: Bullish
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