Midday update for Crude oil 30-11-2022

Economies.com
2022-11-30 10:52AM UTC

Crude oil price trades with clear positivity to attack the neckline of the inverted head and shoulders’ pattern and attempts to hold above it, reinforcing the expectations of continuing the domination of the bullish trend in the upcoming sessions, reminding you that our targets begin at 81.00 and extend to 83.25 after surpassing the previous level, while achieving them requires holding above 78.20.

 

The expected trading range for today is between 77.50 support and 81.20 resistance.

The expected trend for today: Bullish

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