Midday update for Crude oil 30-03-2021

Economies.com
2021-03-30 09:11AM UTC

Crude oil price retested 61.25 that turns into key support now and keeps its stability above it, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the price from below, depending on the price stability above the mentioned level, reminding you that our waited targets begin at 63.30 and extend to 65.00.

 

The expected trading range for today is between 60.50 support and 63.30 resistance.

The expected trend for today: Bullish

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