Midday update for Crude oil 27-08-2021
Economies.com
2021-08-27 09:14AM UTC
Crude oil price keeps rising to approach our waited target at 69.25, and we believe that the chances valid to surpass this level and achieve additional rise that its next target reach 71.05, supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 67.40 to continue the bullish trend.
The expected trading range for today is between 67.00 support and 69.50 resistance.
The expected trend for today: Bullish
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