Midday update for Crude oil 23-12-2021
Economies.com
2021-12-23 10:23AM UTC
Crude oil price shows some slight bearish bias, affected by stochastic negativity, and it needs to get positive momentum that assist to push trades to resume the expected bullish trend for the upcoming period, which its targets begin by breaching 73.60 to confirm rallying towards 76.40 as a next station, reminding you that it is important to hold above 70.85 to continue the suggested rise.
The expected trading range for today is between 71.50 support and 75.00 resistance.
The expected trend for today: Bullish
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