Oil traders aggressively bought futures and crude oil's 20-day moving average to provide support. Crude oil opened at 90.53 and rose to 94.04 today.
The market direction remains bullish. The current trading trend will be a correction and a slow rise. 94.5-92.4 is the main range.
Seize the opportunity and don't trade blindly.
Trade active
Note
91.57
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.