Natural gas price holds above the support – Analysis – 29-6-2022
Economies.com
2022-06-29 05:19AM UTC
Natural gas price faced solid support at 6.050, to force it to renew the bullish attempts and notice reaching 6.700, also, stochastic reach towards the oversold areas will assist to end the negative pressures and provide chances to gather the positive momentum again, to reinforce the bullish attempts that might target 7.150 followed by reaching 50% Fibonacci correction level at 7.600.
The expected trading range for today is between 6.250 and 7.150
The expected trend for today: Bullish
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