Midday update for Crude oil 26-10-2021

Economies.com
2021-10-26 09:14AM UTC

Crude oil price shows sideways trading since morning, and as long as the price is above 82.85, our bullish overview will remain valid for today, supported by the positive overlapping signal provided by stochastic, waiting to surpass 85.25 to ease the mission of heading towards our main positive targets that start at 85.85 and extend to 87.35.

 

The expected trading range for today is between 82.50 support and 85.50 resistance.

The expected trend for today: Bullish

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