Midday update for Crude oil 22-09-2022
Economies.com
2022-09-22 09:11AM UTC
Crude oil price trades positively now, affected by stochastic positivity, while the EMA50 forms continuous negative pressure against the price, to keep the chances valid to continue the expected bearish trend for today unless the price continued to rise to breach 85.15 followed by 85.80 levels, reminding you that our main waited targets begin at 82.00 and extend to 80.00.
The expected trading range for today is between 81.00 support and 85.00 resistance.
The expected trend for today: Bearish
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