Midday update for Crude oil 30-01-2023

2023-01-30 10:47AM UTC

Crude oil price continues to fluctuate at the sideways range’s support line at 78.95, and we still suggest the domination of the sideways move until breaking this support or breaching 81.60 resistance to detect the next destination clearly, noting that the technical indicators still contradicted.


To review the expected targets after the breach, please check our morning report.


The expected trading range for today is between 77.60 support and 81.20 resistance.

The expected trend for today: Sideways

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