Midday update for Crude oil 24-01-2022
Economies.com
2022-01-24 10:16AM UTC
Crude oil price faces solid resistance formed at the broken support of the bullish channel, waiting to get positive momentum that assist to push the price to resume the positive trades to surpass 87.00 and open the way to visit 88.00.
Therefore, we will continue to suggest the bullish trend for today unless breaking 84.80 and holding below it.
The expected trading range for today is between 84.40 support and 87.30 resistance.
The expected trend for today: Bullish
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