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Crude oil price forecast update 30-04-2024
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Crude oil price forecast update 30-04-2024
Apr 30, 2024 4:25 AM

Crude Oil Price Analysis Expected Scenario Crude oil price shows some bullish bias to head towards potential test to the key resistance 83.90$. As long as the price is below this level, our bearish overview will remain valid for today. Breaching this level will stop the correctional bearish scenario and lead the price to regain the main bullish trend again. The next target of the expected bearish wave is located at 81.50$. Expected Trading Range Between the support at 81.00$ and the resistance at 83.00$.

Trend Forecast: Bearish

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