Midday update for Crude oil 09-03-2021

Economies.com
2021-03-09 10:46AM UTC

Crude oil price tested 64.55 level again and bounced bullishly to approach the key resistance 65.80, to keep the bullish trend scenario valid and active for today, reminding you that we need to breach this resistance to confirm rallying towards our next positive target at 67.50, reminding you that it is important to hold above 64.55 to continue the suggested rise.

 

The expected trading range for today is between 64.00 support and 67.00 resistance.

The expected trend for today: Bullish

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