Midday update for Crude oil 22-10-2021

Economies.com
2021-10-22 08:57AM UTC

Crude oil price shows clear positive trades to attack 82.65 level, which urges caution from the upcoming trading, as confirming breaching this level will stop the morning suggested negative scenario and lead the price to turn to rise again, to head towards visiting 84.40 areas initially.

 

The expected trading range for today is between 80.70 support and 83.50 resistance.

The expected trend for today: Bearish

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