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Crude oil price forecast update 26-06-2024
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Crude oil price forecast update 26-06-2024
Jun 26, 2024 4:12 AM

Crude Oil Price Analysis Expected Scenario Crude oil price managed to breach 81.50$ level and closed the last four hours candlestick above it, reinforcing the expectations of continuing the bullish trend efficiently for the rest of the day, opening the way to achieve our positive targets that start at 82.25$ and extend to 83.90$. The price needs to hold above 81.50$ to guarantee the continuation of the bullish wave and not turning to decline. Expected Trading Range Between 80.30$ support and 83.20$ resistance.

Trend Forecast: Bullish

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