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Crude oil price forecast update 15-04-2024
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Crude oil price forecast update 15-04-2024
Apr 15, 2024 4:05 AM

Crude Oil Price Analysis Expected Scenario The price of crude oil resumes its negative trading, breaking below 84.90$ and attempting to hold below it. This reinforces expectations of continuing the bearish trend for the rest of the day. The main awaited target is at 83.10$. Expected Outcome The price is expected to continue the bearish trend.

Expected Trading Range Between the support at 83.60$ and the resistance at 86.60$.

Trend Forecast: Bearish

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