Commodities

Update: Crude oil faces solid support

2021-01-22 17:37:47 GMT (Economies.com)

Crude oil price found solid support at 51.70, to rebound bullishly and approaches testing the key resistance 52.80, which urges caution from the upcoming trading, as breaching the mentioned resistance will push the price to regain the main bullish trend again, while breaking the support represents negative factor that will press on the price to achieve negative targets that start at 49.70.

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