Commodities

Midday update for Crude oil 16-09-2021

2021-09-16 09:30:46 GMT (Economies.com)

Crude oil price settles around 72.70 level since morning, waiting to get positive motive that assist to push the price to breach 73.30 and confirm rallying towards our next positive target that reaches 75.00.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 71.05 and holding below it.

 

The expected trading range for today is between 71.50 support and 74.50 resistance.

The expected trend for today: Bullish

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