Midday update for Crude oil 27-01-2022

Economies.com
2022-01-27 10:49AM UTC

Crude oil price managed to breach 87.05 level and attempts to hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to visit 88.00 level as a next target, which breaching it represents the key to head towards 90.00 areas, reminding you that it is important to hold above 85.85 to achieve the waited targets.

 

The expected trading range for today is between 85.50 support and 88.00 resistance.

The expected trend for today: Bullish

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