Midday update for Crude oil 05-03-2021
Economies.com
2021-03-05 11:12AM UTC
Crude oil price resumes its positive trading to reach the thresholds of the first waited target at 65.63, to keep the bullish trend scenario valid and active for today, noting that surpassing the mentioned level will push the price to 67.00 as a next station, while the expected rise will remain valid unless breaking 63.79 and holding below it.
The expected trading range for today is between 63.00 support and 66.00 resistance.
The expected trend for today: Bullish
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