Midday update for Crude oil 22-05-2018

Economies.com
2018-05-22 11:14AM UTC

Crude oil price shows sideways and tight trading since morning, settling above 72.25, thus, the bullish trend scenario will remain valid as it is without any change for today, depending on the price stability above the mentioned level, reminding you that our main waited targets begin at 74.65 and extend to 76.20.

 

Expected trading range for today is between 71.00 support and 74.65 resistance.

 

Expected trend for today: Bullish

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