Midday update for Crude oil 29-03-2023
Economies.com
2023-03-30 00:51AM UTC
Crude oil price crawls upwards and settles around 73.80 level now, waiting for more rise to achieve our next target at 74.45, reminding you that surpassing this level will push the price to achieve additional gains that reach 76.90.
Therefore, we will continue to suggest the bullish trend for today depending on the positive effect of the double bottom pattern, reminding you that it is important to hold above 72.50 to achieve the expected targets.
The expected trading range for today is between 72.20 support and 75.50 resistance.
The expected trend for today: Bullish
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