Midday update for Crude oil 27-07-2021

Economies.com
2021-07-27 08:56AM UTC

Crude oil price shows some slight bearish bias but it rises again to approach 72.00 barrier, waiting for more rise to visit 73.30 that represents our first target, to keep our bullish overview that its targets extend to 75.00 after surpassing the previous level, reminding you that it is important to hold above 71.05 to continue positive scenario.

 

The expected trading range for today is between 71.05 support and 73.80 resistance.

The expected trend for today: Bullish

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