Midday update for Crude oil 18-08-2022
Economies.com
1 year ago
Crude oil price trades with clear positivity to breach 87.85 level and attempts to hold above it, to hint activating the positive scenario in the upcoming sessions, on its way to achieve positive targets that start at 90.15 and extend to 94.50.
Therefore, the bullish bias will be suggested for the rest of the day unless breaking 87.85 and holding below it again.
The expected trading range for today is between 87.00 support and 90.50 resistance.
The expected trend for today: bullish for the rest of the day
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