Midday update for Crude oil 25-01-2021
Economies.com
2021-01-25 10:58AM UTC
Crude oil price shows positive trades to test the intraday resistance line that appears on the chart, accompanied by stochastic loss to the positive momentum gradually, waiting to motivate the price to rebound bearishly to resume the main bearish trend, which its targets begin at 51.70 and extend to 49.70, reminding you that it is important to hold below 53.05 to continue the expected decline
The expected trading range for today is between 51.70 support and 53.50 resistance.
The expected trend for today: Bearish
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