Midday update for Crude oil 21-06-2022

Economies.com
2022-06-21 09:58AM UTC

Crude oil price keeps its stability above 109.15 level, to keep the bullish trend scenario active for today, waiting to get positive momentum that assist to resume the positive trades that target 113.70 as a next main station, noting that breaking 109.15 will press on the price to suffer new losses on the intraday basis.

 

The expected trading range for today is between 108.00 support and 113.00 resistance.

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The expected trend for today: Bullish

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