Crude oil price forecast update 23-04-2024
Economies.com
2024-04-23 11:07AM UTC
Crude oil price provided new positive trades to reach 83.40$ areas, and bounced bearishly to fluctuate around 82.60$ again, waiting to get strong positive motive that assist to push the price to rise again and achieve our expected target at 83.90$.
In general, the positive scenario will remain valid and active for today unless breaking 81.50$ and holding with a daily close below it.
The expected trading range for today is between 81.30$ support and 84.30$ resistance
Trend forecast: Bullish
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