Midday update for Crude oil 28-09-2021
Economies.com
2021-09-28 09:47AM UTC
Crude oil price provided additional positive trades to approach our waited target at 76.95, and it is affected by stochastic negativity and the strength of this level to show some temporary bearish bias, waiting to get positive motive that assist to push the price to breach this level and rally towards 78.60 that represents our next main target, taking into consideration that failing to achieve the required breach might force the price to rebound bearishly to visit areas that reach 73.30 before any new attempt to rise.
The expected trading range for today is between 75.00 support and 78.00 resistance.
The expected trend for today: Bullish
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