End of day analysis for Crude oil 22-07-2021

Economies.com
2021-07-22 17:45PM UTC

Crude oil price rallies upwards to breach 71.05 level and heads towards achieving more expected gains in the upcoming period, noting that closing the daily candlestick above this level will lead the price to continue the rise and head towards 73.30 as a first target, while trading below it again represents the key to reactivate the bearish trend scenario that its targets begin at 69.25.

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