Midday update for Crude oil 25-09-2023
Economies.com
2023-09-25 09:40AM UTC
Crude oil price shows sideways trading since morning, as long as the price is below 91.45, so the bearish trend scenario will remain active for today, waiting for getting negative motive that assists to push the price towards resuming the bearish wave that depends on forming a low top that supports the chances for achieving negative targets that begin at 89.35 and extend to 87.16 after breaking the previous level.
The expected trading range for today is between 88.80 support and 91.70 resistance.
The expected trend for today: Bearish
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