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Crude oil price forecast update 11-06-2024
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Crude oil price forecast update 11-06-2024
Jun 11, 2024 3:59 AM

Crude Oil Price Analysis Expected Scenario Crude oil price settles at 77.64$, and we still neutral until the price confirms its situation according to the mentioned level to detect its next destination clearly, as it faces contradiction between the technical factors. We remind you that breaching the mentioned level will push the price to achieve new gains that reach 79.55$, while breaking it will put the price under negative pressure that its next main target reaches 75.25$. Expected Trading Range Between 76.00$ support and 79.40$ resistance.

Trend Forecast: Neutral

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