230
On June 28, Economies’ analysts’ latest opinion today: WTI crude oil prices fell below the support line of 68.75 and closed below it yesterday, thereby activating a bearish trend in the short term and opening up a path to achieve the falling target. Targets start at 66.00 and stretch to 64.20.
Therefore, in future trades, we would recommend a bearish outlook on continued negative pressure from EMA50, noting that a break above the 68.75 and 69.35 levels would stop the expected decline and cause the price to turn positive.
Advertisements
Today’s expected trading range is between 66.00 support and 69.00 resistance.
Advertisements
