Midday update for Crude oil 11-01-2022

Economies.com
2022-01-11 10:58AM UTC

Crude oil price resumes its positive trades to test 79.80 level, waiting to breach this level to reinforce the expectations of continuing the bullish trend in the upcoming sessions, which its next main target located at 81.75, reminding you that the continuation of the bullish wave requires holding above 78.00.

 

The expected trading range for today is between 77.50 support and 80.40 resistance.

The expected trend for today: Bullish

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