Midday update for Crude oil 25-05-2022

Economies.com
8 months ago

Crude oil price didn’t show any strong move since morning, to continue fluctuating around 110.00 barrier, thus, the bullish trend scenario will remain valid as it is without any change for today, supported by the EMA50, noting that we are waiting to visit 113.70 as a next main target.

 

The expected trading range for today is between 108.50 support and 113.70 resistance.

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The expected trend for today: Bullish

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