Midday update for Crude oil 23-06-2022

Economies.com
2022-06-23 10:17AM UTC

Crude oil price tests the key resistance 104.60 and keeps its stability below it until now, to keep the bearish trend active for today, supported by the negative pressure formed by the EMA50, waiting to get negative momentum that assist to push the price to achieve our next main target that reaches 98.95.

 

The expected trading range for today is between 100.00 support and 105.00 resistance.

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The expected trend for today: Bearish

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