Midday update for Crude oil 29-11-2022

Economies.com
2 months ago

Crude oil price breached 78.20 level clearly to support the continuation of the correctional bullish trend efficiently for the upcoming sessions, opening the way to head towards our main waited positive target at 81.00, to keep the bullish trend scenario valid and active conditioned by the price stability above 78.20.

 

The expected trading range for today is between 77.00 support and 80.70 resistance.

The expected trend for today: Bullish

Commodities News

Commodities Technical Analysis