Midday update for Crude oil 13-01-2022

Economies.com
2022-01-13 10:48AM UTC

Crude oil price shows tight trades since morning, keeping its stability above the bullish channel’s support line, and as long as the price is above 81.30, our bullish overview will remain valid and active for today, supported by the EMA50, reminding you that our main waited targets begin at 84.00 and extend to 85.40.

 

The expected trading range for today is between 81.00 support and 84.00 resistance.

The expected trend for today: Bullish

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