Midday update for Crude oil 30-05-2022
Economies.com
2022-05-30 09:16AM UTC
Crude oil price didn’t show any strong move since morning, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 113.70, supported by the EMA50 that carries the price from below, reminding you that our waited targets begin at 117.00 and extend to 119.35.
The expected trading range for today is between 113.70 support and 117.50 resistance.
The expected trend for today: Bullish
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