Midday update for Crude oil 19-01-2022
Economies.com
2022-01-19 11:53AM UTC
Crude oil price settles above 85.40 level, showing sideways trades since morning, waiting to get enough positive momentum to resume the main bullish trend, which depends on the price stability above 85.40 as the first protection factor to the positive scenario, while our next targets located at 86.50 followed by 88.00.
The expected trading range for today is between 84.60 support and 87.30 resistance.
The expected trend for today: Bullish
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