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Crude oil price forecast update 27-06-2024
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Crude oil price forecast update 27-06-2024
Jun 27, 2024 4:13 AM

Crude oil price trades with clear positivity to reach the sideways ranges resistance lien mentioned this morning at 82.10$, and the way seems open to surpass this level and resume the main bullish trend, to achieve additional gains that reach 83.90$

But until now, we will continue to suggest the sideways move between the mentioned resistance and 80.60$ support until the price manages to surpass one of them to detect its next destination clearly, reminding you that breaking this support will push the price to decline and test 79.60$ before any new attempt to rise.

The expected trading range for today is between 79.30$ support and 82.60$ resistance

Trend forecast: Sideways

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