Midday update for Crude oil 24-11-2021

Economies.com
1 year ago

Crude oil price resumes its negative trades to move away from 78.95 level, reinforcing the expectations of continuing the correctional bearish trend, supported by the negative signals provided by stochastic, waiting to visit 76.40 level as a first station, reminding you that the continuation of the bearish wave depends on the price stability below 78.95 and 79.85 levels.

 

The expected trading range for today is between 76.40 support and 79.85 resistance.

The expected trend for today: Bearish

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