Midday update for Crude oil 25-08-2021
Economies.com
2021-08-25 10:08AM UTC
Crude oil price returns to test 67.40 level and still below it until now, accompanied by witnessing negative signals through stochastic, waiting to motivate the price to resume the expected bearish trend for today, which depends on the price stability below the mentioned level, while its next main target is located at 65.20.
The expected trading range for today is between 65.20 support and 68.20 resistance.
The expected trend for today: Bearish
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