End of day crude oil price forecast update - 22-04-2024

Economies.com
2024-04-22 16:12PM UTC

Crude oil price found solid support at 81.50$ level, to start providing positive trades that hint heading to test the key resistance 83.90$ in the upcoming sessions, supported by RSI positivity, noting that the continuation of the rise and breaching this level will lead the price to attempt to regain the main bullish trend again, while breaking 81.5$ represents the key to extend the correctional bearish wave to reach 79.6$ as a next negative target.

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