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Crude oil price forecast update 06-06-2024
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Crude oil price forecast update 06-06-2024
Jun 6, 2024 3:55 AM

Crude Oil Price Analysis Expected Scenario Crude oil price provided additional positive trades to reach the thresholds of the waited target at 75.25$, waiting to get additional positive momentum to assist to push the price to achieve more rise. Reminding you that breaching the mentioned level will push the price towards 77.64$ as a next positive station, while breaking 73.85$ will stop the expected rise and put the price under the negative pressure again. Expected Trading Range Between 73.40$ support and 76.40$ resistance.

Trend Forecast: Bullish

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