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Crude oil price forecast update 20-05-2024
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Crude oil price forecast update 20-05-2024
May 20, 2024 5:41 AM

Crude Oil Price Analysis Expected Scenario Crude oil price is testing the key support base at 79.60$, and the EMA50 meets this level to add more strength to it. As long as the price is above this level, our bullish overview will remain valid for today. Reminding you that our main awaited target is located at 81.50$. Expected Trading Range Between 78.90$ support and 81.50$ resistance.

Trend Forecast: Bullish

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