Midday update for Crude oil 30-06-2022

Economies.com
6 months ago

Crude oil price continues to fluctuate at the bullish channel’s support line, waiting to activate the positive signal provided by stochastic to resume the expected bullish wave for today, which depends on the price stability above 108.35, noting that breaching 109.15 will ease the mission of rallying towards our main positive target at 113.70.

 

The expected trading range for today is between 107.00 support and 112.50 resistance.

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The expected trend for today: Bullish

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