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Crude oil price forecast update 21-06-2024
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Crude oil price forecast update 21-06-2024
Jun 21, 2024 4:08 AM

Crude Oil Price Analysis Expected Scenario Crude oil price trades negatively to press on 81.50$ level and moves below it, which urges caution from the upcoming trading, as the price needs to consolidate above this level to keep the bullish trend scenario active for today, which targets 82.25$ followed by 83.90$ levels as next positive stations. Note that confirming breaking 81.50$ will put the price under negative pressure that its targets begin at 80.25$ followed by 79.60$. Expected Trading Range The expected trading range for today is between 80.80$ support and 83.00$ resistance.

Trend Forecast: Bullish

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