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Crude oil price forecast update 12-06-2024
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Crude oil price forecast update 12-06-2024
Jun 12, 2024 4:00 AM

Crude Oil Price Analysis Expected Scenario Crude oil price keeps rising to approach the 79.00$ barrier, reinforcing the expectations of continuing the bullish trend for today, and the way is open to achieve our awaited target at 79.55$, reminding you that surpassing this level will push the price to achieve additional gains that reach 81.50$, while the bullish trend will remain valid and active unless breaking 77.64$ and holding below it. Expected Trading Range Between 77.20$ support and 80.20$ resistance.

Trend Forecast: Bullish

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