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Crude oil price forecast update 24-06-2024
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Crude oil price forecast update 24-06-2024
Jun 24, 2024 4:11 AM

Crude Oil Price Analysis Expected Scenario Crude oil price trades positively to start testing 81.50$ level, and as we mentioned this morning, the price needs to breach this level to reinforce the expectations of continuing the bullish trend for the upcoming sessions, reminding you that our waited targets begin at 82.25$ followed by 83.90$. The bullish channel continues to organize the suggested bullish wave, which will remain valid conditioned by the price stability above 80.80$. Expected Trading Range Between 79.70$ support and 82.70$ resistance

Trend Forecast: Bullish

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