Midday update for Crude oil 25-02-2021
Economies.com
2021-02-25 10:51AM UTC
Crude oil price provides new positive trades now to move away from 63.00, reinforcing the expectations of continuing the main bullish trend, and we believe that the way is open to achieve our next target at 65.60, noting that the EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 62.40.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bullish
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