Midday update for Crude oil 25-01-2022

Economies.com
2022-01-25 10:15AM UTC

Crude oil price fluctuates around the EMA50, and still inside the intraday bearish channel, which keeps the bearish trend scenario valid and active for today, which depends on the price stability below 85.00, while its next main target located at 81.25.

 

The expected trading range for today is between 82.00 support and 84.80 resistance.

The expected trend for today: Bullish

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