Midday update for Crude oil 22-09-2021

Economies.com
2021-09-22 09:24AM UTC

Crude oil price provided additional positive trades to reinforce the continuation of the expected bullish trend scenario for today, and we believe that the way is open to head towards 73.30 that represents our next main target, supported by moving above the EMA50, taking into consideration that breaking 70.75 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 70.00 support and 73.00 resistance.

The expected trend for today: Bullish

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