Midday update for Crude oil 17-12-2021
Economies.com
2021-12-17 11:06AM UTC
Crude oil price trades with clear negativity to start pressing on 70.85 level, waiting to break this level to confirm extending the bearish wave towards 67.40, to keep our bearish overview in the upcoming sessions, taking into consideration that failing to achieve the required breach might push the price to test 72.360 areas initially before any new attempt to decline.
The expected trading range for today is between 70.00 support and 73.00 resistance.
The expected trend for today: Bearish
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