Midday update for Crude oil 11-06-2021

Economies.com
2021-06-11 09:27AM UTC

Crude oil price trades positively and attempts to move away from the bullish channel’s support line, to support the expectations of continuing the main bullish trend, which targets 72.20 as a next main station, reminding you that the continuation of the bullish wave requires holding above 69.90.

 

The expected trading range for today is between 68.70 support and 71.50 resistance.

The expected trend for today: Bullish

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