Midday update for Crude oil 28-07-2022

Economies.com
2022-07-28 09:12AM UTC

Crude oil price fluctuates around 98.25 level, attempting to breach it now, waiting to confirm the breach to open the way to achieve additional gains that reach 100.60 followed by 103.60 levels mainly, noting that the EMA50 supports the expected rise, which will remain valid unless breaking 95.70 and holding below it.

 

The expected trading range for today is between 96.00 support and 100.60 resistance.

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The expected trend for today: Bullish

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