Midday update for Crude oil 29-11-2021

Economies.com
2021-11-29 10:15AM UTC

Crude oil price shows calm negative trades to approach gradually from 70.85 level, and the price needs to break this level to confirm resuming the bearish wave that targets 67.40 initially, to keep our bearish overview for the upcoming period unless the price rallied to breach 73.60 and hold above it.

 

The expected trading range for today is between 69.00 support and 73.00 resistance.

The expected trend for today: Bearish

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