Midday update for Crude oil 26-07-2022
Economies.com
2022-07-26 09:03AM UTC
Crude oil price achieved initial breach to 96.85 resistance level and attempts to hold above it, to hint the attempt to activate the positive scenario, but we need to get a daily close above the mentioned level to confirm the continuation of the rise, to continue with our neutrality until the price confirms breaching this resistance or breaking 95.40 support.
The expected trading range for today is between 93.50 support and 100.00 resistance.
The expected trend for today: Depends on the above mentioned levels
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