Oil 4H midday update
The oil price is showing additional positive trading to gradually approach our first awaited target at 84.12, waiting for this level to be breached to confirm the continued dominance of the upward trend and achieve additional gains up to 85.94.
On the other hand, you should be aware that breaking 82.90 will stop the expected rise and force the price to decline again.
The general trend expected for today:bullish
Pivot Price: 82.90
Resistance Prices: 84.12 & 85.94 & 87.73
support price: 80.95 & 79.73 & 78.21
On the other hand, you should be aware that breaking 82.90 will stop the expected rise and force the price to decline again.
The general trend expected for today:bullish
Pivot Price: 82.90
Resistance Prices: 84.12 & 85.94 & 87.73
support price: 80.95 & 79.73 & 78.21
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